alt Hacker NewsOnly the bourgeoisie can be trusted to handle credit responsibly.
The proletariat is too illiterate and short-term-focused to be trusted with it.
Only the bourgeoisie can be trusted to handle credit responsibly.
The proletariat is too illiterate and short-term-focused to be trusted with it.
If you really believe the only responsible use of credit is to buy productive assets then this is a tautology. As soon as anyone uses credit buy productive assets they cease to be proletarian and become part of the capitalist class.