Wednesday June 3, 2020

Capitalism and all its contradictions

Non-fiction: Capitalism: Money, Morals and Markets. By John Plender. Biteback, €26.60.

30th August, 2015
Mark Zuckerberg of Facebook. Picture: Bloomberg

Karl Marx, the greatest critic of capitalism in modern history, was not averse to creating private profits for himself. While living off hand-outs from his fellow communist Friedrich Engels, the author of Das Kapital made a few quid on the side by investing in US and English funds. “It’s a type of operation that makes small demands on one’s time,” he wrote to a friend, “and it’s worthwhile running some risk in order to relieve...

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