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It's astonishing that this got downmodded. Marxists did think that banks and investors did nothing (or, at least, that they did whatever they did badly and shou
by fgf 16y ago
It's astonishing that this got downmodded. Marxists did think that banks and investors did nothing (or, at least, that they did whatever they did badly and should be replaced with an elite of planners.) Pseudo-communist rhetoric (as in rhetoric without any real connection or commitment to communism per se) is indeed very popular in a recession.