The world’s most popular blogger in his own mind has been well and truly suckered.
In a weak attempt to try to imply Gordon Brown is a Marxist (we should be so lucky, eh?) he uses a quote from Das Kapital to show that Marx predicted the downfall of the international banking system and the inevitability of communism stemming from the nationalisation of the banks.
All good stuff. Apart from the fact that it is total cobblers. You can find the quote in The Times Business Section a couple of weeks ago at the start of this article. Scroll down to the bottom of the piece though, and you find this…
According to the Marx quote, this means communism will not be far behind. Except, of course, Marx didn’t say that. The quote is a fake. You just can’t trust those bankers.
UPDATE: Well, Iain has had the good grace to accept he was taken for a mug. And (hat tip ID’s comments) here’s a nob of a mainstream journalist (OK, it’s only the Torygraph’s City Diary) who doesn’t know his arse from his elbow either.


” I’ve just noticed on the email it said “Karletto Marx”. Ha ha.”
He’s just noticed? What’s the threshold for getting something on his blog?
The Adam Smith Institute posted a silly article ‘At what point does it become communism?’
http://www.adamsmith.org/blog/tax-and-economy/at-what-point-does-it-become-communism?-200901272835/
To which I’ve replied when the state withers away to nothing… to which silence.
He may not be the world’s most popular blogger, but he’s a sight more popular than you
So there! That’s told him! Well said that man!