Which ones do they tell you in your econ classes? Which ones do you hear on TV? Which ones do the politicians still say?
1. There is a potential plenty, thanks to the technological achievements of the last two hundred years. The insufficient supply of useful things is due merely to the inherent contradictions and shortcomings of the capitalist mode of production.
2. The rate of interest and entrepreneurial profit can be eliminated by credit expansion. Only the selfish class interests of bankers and usurers are opposed to credit expansion. This is because of the following two facts:
2a. An increase in the quantity of money and money-substitutes does not affect prices, and the general rise in prices which we have witnessed in these last years was not caused by the government’s…
View original post 513 more words
Utopia, you are standing in it! 
Recent Comments