Tuesday Open Thread: Roots
Submitted by JtC on Tue, 10/02/2018 - 1:27amA look at the man little boy behind the curtain, photos included.

By design I've by and large maintained the profile of a mystery man. Today I unmask myself, well, in an erstwhile sense anyway, through the eyes of a little boy growing up in the 50s.



"The biggest capital power in London is of course the Bank of England, but its position as a semi-state institution makes it impossible for it to assert its domination in so brutal a fashion. Nonetheless, it too is sufficiently capable of looking after itself... Inasmuch as the Bank issues notes that are not backed by the metal reserve in its vaults, it creates tokens of value that are not only means of circulation, but also forms additional - even if fictitious - capital for it, to the nominal value of these fiduciary notes, and this extra capital yields it an extra profit." Marx, Karl. Capital, volume 3. Penguin. pp. 674–675.![Socialism[1]](https://virtualcapital.files.wordpress.com/2018/09/socialism1.jpg)
