0.1 Front matter - Wall Street
WALL STREET
WALL STREET
How It Works
and for Whom
DOUG HENWOOD
Paperback originally published in 1998 by Verso (New
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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¡ª
and this crew know nothing of production and have nothing at all to
do with it.
¡ª Marx, Capital, vol. 3, chap. 33
I¡¯m not a parasite. I¡¯m an investor.
¡ª 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
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