When the Soviet Union restructured itself politically, Naive critics, foot soldiers in the employ of speculative-value economics crowed about the bankruptcy of Soviet politics and it's Marxist worldview.
But the news these past days, finally drowning out the gibberish of Jets sold on E-Bay and lipstick on pigs has once again proven the correctness of Marxist economic critique.
Bear Sterns, Freddie and Fannie, Lehman Brothers, AIG to name a few are objective facts, proof of nihilism as operative in speculative-value.
If the measure of literacy in a society is it's comprehension of Political-economy, then what exactly is being said when it is openly stated that Wall Street, the global financial hub dabbles in incomprehensible instruments of value-expressed.
By Apropos
Thursday, October 2, 2008
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