Some would say Karl Marx's predictions were wrong while others would say they were right. One of them is Roubini, the man who correctly predicted the financial crash of 2008. In an interview with the Wall Street Journal, Roubini said: "At some point, capitalism can destroy itself ( “Why Karl Marx was right”). He asserted: “You cannot continue to transfer income from labor to capital without having excess capacity and a lack of aggregate demand (“Why Karl Marx was right”). He said this was why we found ourselves in this major financial crisis of 2008. He claimed that we thought markets worked but they didn't, and that the individual could be rational ( “Why Karl Marx was right”). He concluded by saying: “The business, in order to survive and prosper, can lower labor costs more and more, but labor costs are someone else's income and consumption and that is why it (capitalism) is a self-destructive process. “Why was Karl Marx