Karl Marx's Accurate Prediction (tags)
Karl Marx's accurate prediction about the continuing crises in capitalism and the resultant concentration of the world's wealth in fewer and fewer hands and the impoverishment of workers
'Old Europe' Bails Out Idiot-run Free-Market US Government - Again (tags)
Right now, the entire world's banking system is being pressed to the limit of what it can do to prevent a worldwide crash of the capitalist system due to what one European banker called "a complete evaporation of liquidity" [Source: "ECB reportedly weighs dollar swap with Fed", MarketWatch.com, 13 August, 2007]. In layman's terms, that means that the world's banking system is running out of the funds needed to keep the capitalist credit system running.