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Left unmentioned is Lincoln and Thaddeus Steven's extraordinary achievement of issuing United States Notes, called Greenbacks. Unfortunately, after Lincoln's a
by jivatmanx 14y ago
Left unmentioned is Lincoln and Thaddeus Steven's extraordinary achievement of issuing United States Notes, called Greenbacks.
Unfortunately, after Lincoln's assassination, this battle was lost in the years after.
- jamesaguilar 14y agoWhy would that be mentioned? I'm not too familiar with his ideas but I'm not aware that Marx is known for his ideas about monetary policy.
- jivatmanx 14y agoUnfortunately, he wasn't. Thaddeus Stevens on the other hand was well aware of how debt-based and private monetary systems create inequality, something that seemingly should have been of interest to Marx. Disclaimer: I'm no fan of Marx.