Monday, February 23, 2009

The heart of the collapse

"At the heart of the collapse of the financial system and the economic recession lies the unparalleled greed of the banks coupled with the declining wages of poor working people exacerbated by a racist social division of labor. The solution to problem may well continue to lie in the repayment in full of a centuries-old debt. To paraphrase Martin Luther King, capitalism’s promissory note is still marked, “Insufficient Funds.”" (thanks Jake)