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I HATE KARL MARX, 2010

For this video playing in the year 2045 Karl Marx has reincarnated as Chinese. He controls the world and the entire world is Chinese, speaks Chinese, dresses and eats Chinese (the same way it is today English/American). Marx's specter to haunt the world could not be stopped by any capitalist alliance. The young German lady speaking and screaming entirely in Chinese suffers a melt down in front of Marx' statue on Karl Marx Allee expressing her discontent and opposition.

DVD 5 min 43 sec., photograph 20 x 24 inches (see at bottom of this page), certificate of authenticity, Edtion 1/10

 

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ps: see the futur of Chinese car industry: http://www.spiegel.de/wirtschaft/unternehmen/0,1518,728601,00.html

or here some trends in regard to Wall streets IPO;s (initial public offerings): http://www.nytimes.com/2010/11/18/business/18place.html?_r=1

The trend is startling when compared to emerging markets like China or India where new listings are growing at a fast rate.

While these still lag behind the United States, the number of companies listed on Chinese stock exchanges has grown by about a third over the last 10 years and stood at 3,019 by the end of last year, according to the World Federation of Exchanges.

This year alone, Chinese companies introduced 391 global I.P.O.’s, worth $89.5 billion, the data firm Dealogic reported. The 99 I.P.O.’s by American companies listing in the United States were worth $15.69 billion.

“I.P.O.’s raise innovation rates,” said David H. Hsu, associate professor of management at the Wharton School at the University of Pennsylvania, who has studied I.P.O.’s in the biotech industry. He worries that the dwindling number of I.P.O.’s could ultimately hurt the competitiveness of the nation’s economy.

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