“The national debt has given rise to joint stock companies, to dealings in negotiable effects of all kinds, and to agiotage, in a word to stock-exchange gambling and the modern bankocracy.”

Vol. I, Ch. 31, pg. 827.
(Buch I) (1867)

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Karl Marx290

German philosopher, economist, sociologist, journalist and … 1818–1883

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“In a democratic republic, Engels continues, "wealth wields its power indirectly, all the more effectively," first, by means of the "direct corruption of the officials (America); second, by the means of "the alliance between the government and the Stock Exchange”

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“The national debt has given rise to joint stock companies, to dealings in negotiable effects of all kinds, and to agiotage, in a word to stock-exchange gambling and the modern bankocracy.”

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Karl Marx290

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