Rajendra Kanu posted on Facebook on 24 July 2012 at about 10.20 PM
"Scholars like Naom Chomsky through his writings convinced us that handful operators of Stock exchanges, metal exchanges, commodity exchanges and currency exchanges and their collaborators are the root cause of evils of economic system prevails through the world and control the wealth of the world."
Manjeet Chaturvedi commented on Rajendra's post on 25 July 2012 at 2.28 Am
"Chomsky is partially right. In a capitalist economic system, so much strengthening with the 'globalization', the operators are representing the super profit stakeholders who control the finance and banking capital - the easiest form of capital but getting complex with the advancement of capitalism. Capitalism depends upon this form of capital so much so that it invents easy instruments for super profit which may not succeed always because of social dynamics. Stock market ( with now added futures and options derivatives) is one of these instruments which evolved much earlier and another instrument is extending loans on easy terms. Present day crisis of capitalism owes its origin to these instruments as immediate causes. Finance capital is essentially a globalizing form mostly transacted through banks and stock markets. It is bound to fall into crisis after crisis."
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