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Neil Faulkner

“The purpose of any economic system should be to produce the goods and services people need to live full and happy lives. But that is not the purpose of capitalism. Capitalism is a system of competitive capital accumulation driven by profit and the enrichment of the few. The drive for profit – as much as possible, as quick as possible, no matter how – had created the speculative bubble of the late 1920s. Now, in the crash, shoring up profits meant cutting wages, slashing services, and choking trade, thereby plunging the world into permanent slump.”

Neil Faulkner, A Marxist History of the World: From Neanderthals to Neoliberals
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A Marxist History of the World: From Neanderthals to Neoliberals A Marxist History of the World: From Neanderthals to Neoliberals by Neil Faulkner
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