Quotessence
Home / Quotes / Quote by Friedrich Engels

Quote by Friedrich Engels

“If the crises demonstrate the incapacity of the bourgeoisie for managing any longer modern productive forces, the transformation of the great establishments for production and distribution into joint-stock companies, trusts, and State property, show how unnecessary the bourgeoisie are for that purpose. All the social functions of the capitalist has no further social function than that of pocketing dividends, tearing off coupons, and gambling on the Stock Exchange, where the different capitalists despoil one another of their capital. At first, the capitalistic mode of production forces out the workers. Now, it forces out the capitalists, and reduces them, just as it reduced the workers, to the ranks of the surplus-population, although not immediately into those of the industrial reserve army.”

Quote by Friedrich Engels

Author

Friedrich Engels
Friedrich Engels

Friedrich Engels was a German philosopher, politician, economist, and revolutionary, co-founder of communist theory with Karl Marx. He was born on November 28, 1820, and died on August 5, 1895. more

You May Also Like

“I grab his hand as he moves to stand. 'Stay.' 'I shouldn't.' Two lines appear between his brows as he searches my eyes. 'People will talk.' 'When did I ever give you the impression that I give a fuck what people think?' I use his earlier words against him and sit up, curling my hand around the section of his neck that bears the relic. 'Stay with me, Xaden. don't make me beg.' 'We both know this is a bad idea.' 'Then it's out bad idea.' His shoulders dip, and I know I've won. He's mine for the night.”