“Is that to say we are against Free Trade? No, we are for Free Trade, because by Free Trade all economical laws, with their most astounding contradictions, will act upon a larger scale, upon the territory of the whole earth; and because from the uniting of all these contradictions in a single group, where they will stand face to face, will result the struggle which will itself eventuate in the emancipation of the proletariat.”

Karl Heinrich Marx

Marx-Engels Collected Works, Vol. VI, p. 290.

Entradas recientes

The crisis of democratic capitalism

In his latest book, FT columnist and Keynesian guru Martin Wolf, starts from the premise that capitalism and democracy go together like a hand in a glove.  But he is worried.  “We are living in an age when economic failings have shaken faith in global capitalism. Some now argue that capitalism is better without democracy;…