Today.Az » Business » Azerbaijani Economists Union to hold a conference ‘Karl Marx’s “Capital” – 150 Years Later’ in June
01 May 2009 [10:40] - Today.Az
The idea of development of the global financial and economic crisis in accordance with the theses described by Karl Marx in his work “Capital” has found support in Azerbaijan.

Today in Baku the chairperson of the Parliamentary Economic Policy Committee, Ziad Samedzadeh, claimed that the Azerbaijani Economists’ Union will conduct conference “Karl Marx – 150 Years Later” probably in June.

“We need to get ready for the conference thoroughly, hold the analysis of ideas and theories appearing in the west because of Marx’s “Capital”. We have to say, the west refers to Marx’s ideas frequently,” Samedzadeh.

There were spread references to book “Capital” in Azerbaijan that in chase of profit domestic banks will extend loans to labour force who will hardly be able to repay them, and when the crisis breaks out the government will begin nationalizing banks and period of socialism will start.

/Azerbaijan Business Center/


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