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Kazakh Communists Solve Global Financial Crisis

November 28, 2008

While the world is getting to grips with the global financial crisis, Kazakh communists have come up with the answer: Karl Marx.

 

"Das Kapital by Karl Marx. Read it! All the answers to the current economic problems can be found there," said Vladislav Kosarev, head of the Kazakh People's Communist Party, speaking to RFE/RL's Kazakh Service.

 

Once compulsory reading in Kazakhstan, "Das Kapital" is now almost forgotten in Kazakhstan. But according to Kosarev, the book's popularity is soaring in the West, as readers have become disillusioned with neo-liberalism.

 

-- Yedige Magauin

     
Comments
by: Ojohnny from: Canada
March 10, 2009 09:43
For answers, read - The Grace Commission report set up to study gov. waste 1981 and a condensed ver. of it in - Bankruptcy 1995 by G.J. Swanson Ph.D.
Also - After The Crash by G.Abert Ph.D.
Problem caused by spending too much borrowed money.Only a default on all debts would help.

by: Mira from: Montenegro
December 16, 2008 20:23
If we should stay with the crisis, a question is - what would be the cure, this time? A state capitalism and social democracy, again? Or some kind of stakeholding capitalism (due to the political pressure of groups in human rights, environment and labour)? On the other hand, this crisis is really a global one, and a test for "the end of history", marxist and other theses.

by: Anton from: Auckland
November 30, 2008 04:28
I read Das Kapital, both volumes - but I can not recall any anticrisis recepie there except for installing planned economy, ruled by a multistoried bureaucratic hierarchy.

Marx only knows how the crises develop and why - but he has no clue about how to fix them or prevent. He only expresses a general idea that dialectically the Production Forces slowly evolve until this evolution builds up qualitative changes and the PF start to mismatch Economic Relationships in the society, this being a crisis causing a revolutionary qualitative change in Economic Relationships.

Modern "Imperialism" already has the elements of planned economy and government regulations - but this seem not to affect the crises! And we haven't seen Socialism yet, as in USSR and China it was State Capitalism, same Imperialism but with one collective shareholder, the Government. Perhaps there is no such thing as Socialism at all... So we better stay with the crises.
     
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Written by RFE/RL editors and correspondents, Transmission serves up news, comment, and the odd silly dictator story. While our primary concern is with foreign policy, Transmission is also a place for the ideas -- some serious, some irreverent -- that bubble up from our bureaus. The name recognizes RFE/RL's role as a surrogate broadcaster to places without free media. You can write us at transmission+rferl.org

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