Marx was right. Wall Street Journal Interview

[Florian]

http://online.wsj.com/video/roubini-...F3E2F8735.html

From the interview with Dr. Roubini:

"Karl Marx had it right. At some point capitalism can self-destroy itself. That's because you can not keep on shifting income from labor to capital without not having an excess capacity and a lack of aggregate demand. We thought that markets work. They are not working. What's individually rational...is a self-destructive process."