Well I knew that sooner or later, as the economic meltdown starts to look like Krakatoa, that somebody would have to mention the word CAPITALISM.
But who knew it would be Sarkozy? Or that Karl Marx's Das Kapital was enjoying a sales boom? Sort of.
The Karl-Dietz Verlag has sold 1,500 copies of Marx's "Das Kapital" this year, making the annotated edition of the dense text an unlikely hit for the Berlin publisher. It moved 200 in September, as many as it used to sell in a year.
OMG. I don't think I could EVER read that book again. I read it in university, it took me about six months, and when I finished I felt like I'd conquered Mount Everest. Except that I couldn't remember how it started.
Or shake the image of the brilliant old man spending his days in bed, because he was so poor he had to pawn his clothes.
But what I really wish I could remember is what he had to say about Capitalism and CREDIT. Because I'm almost sure that's IMPORTANT.
What happens when the bubble BURSTS ?
A brutal recession strikes. There are not enough good jobs to pay the credit card bills. People are up to their necks in debt so they can't buy ANYTHING. And consumers stop consuming?
And if you regulate Capitalism is it really Capitalism? Or Socialism? Or something Karl Marx warned us about?
Of course I have no idea. In fact I blame Das Kapital for making me brutally aware of how stupid I am.
But I do know one thing.The pillars of our assumptions are SHAKING.
And we're living in interesting times...