Doug Henwood - Wall Street - How It Works & For Whom.pdf - ksiazki gielda - sir_luksik

WALL STREET

WALL STREET

How It Works

and for Whom

DOUG HENWOOD

Paperback originally published in 1998 by Verso (New

York & London).

Published on the web by Doug Henwood in 2005

under a Creative Commons license. See copyright

page for further details.

Aside from the change in copyright, everything else is

exactly as in the paperback edition.

First published by Verso 1997

This paperback edition 1998

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The credit system, which has its focal point in the allegedly national

banks and the big money-lenders and usurers that surround them, is

one enormous centralization and gives this class of parasites a fabulous

power not only to decimate the industrial capitalists periodically but

also to interfere in actual production in the most dangerous manner—

and this crew know nothing of production and have nothing at all to

do with it.

— Marx, Capital, vol. 3, chap. 33

I’m not a parasite. I’m an investor .

— Lyonya Gulubkov, described by the New York Times as “a bumbling

Russian Everyman” responding to “Soviet-style” taunts in an ad for the

fraudulent MMM investment scheme which collapsed in 1994

Doug Henwood - Wall Street - How It Works & For Whom.pdf