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Quote by Karl Marx

“Such a crises occurs only where the ever-lengthening chain of payments, and an artificial system of settling them, has been fully developed. Whenever there is a general and extensive disturbance of this mechanism, no matter what its cause, money becomes suddenly and immediately transformed from its merely ideal shape of money of account into hard cash. Profane commodities can no longer replace it. The use-value of commodities becomes valueless, and their value vanishes in the presence of its own independent form. On the eve of the crisis, the bourgeois, with the self-sufficiency that springs from intoxicating prosperity, declares money to be a vain imagination. Commodities alone are money. But now the cry is everywhere that money alone is a commodity! As the hart pants after fresh water, so pants his soul after money, the only wealth.”

Quote by Karl Marx

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Karl Marx
Karl Marx

Karl Marx (May 5, 1818 - March 14, 1883) was a German philosopher, economist, sociologist, political theorist, and revolutionary. He is one of the founders of Marxism and his works, including 'Das Kapital' and 'The Communist Manifesto', have had a profound impact on the world. more

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