Was Karl Marx right? :)

descartes

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May 20, 2003
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The rich get richer. Capitalism runs amok. The poor get fed up, become desperate and revolt. What happens next? Socialism.... Communism? That has proven not to work for long either. Make no mistake I am a product of the West and a capitalist pig, but look at what's happening around the world today. We are witnessing the highest and lowest points in capitalism and the common man is at the end of his rope..... fuck, where's my latte?

http://en.wikipedia.org/wiki/Marxism
 

Brill

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Jun 29, 2008
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It needs to be regulated, before the masses get fed up and come up with their own solution.
 

danmand

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Nov 28, 2003
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Karl Marx was right.
 

cye

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Jul 11, 2008
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Karl Marx was right.
Marxism is a simplistic tool for understanding basic forces that motivates groups. What it can never explain is the individuals belief in ones self versus the common good. For example why do lower class Americans take such offense to socialized medicine when their interests as a group would be better served by a state run system. Or why to the Chinese feel the need to marry market forces to a centrally run economy so as to improve efficiency. Marx was a useful jolt to conventional thought but he was not right.
 

NoFatties

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I think something in between Karl Marx and Fox News would be a work best.

The U.S. is virtually an oligarchy now. I was looking at an item on TV where employee pension plans were being raided in part to pay the obscene severance and pension plans of the executive. I was working for Global Crossing which bought telecommunications companies whose shareholders were in part employees pension plans. Executives took loans of $23 million dollars which were forgiven, lavish expenses and political expenditures to secure their future. One documented 'gift' was the payment to George Bush senior $50,000 worth of stock to do a speech. Just before the bankruptcy, George Bush sold these shares for $14.5 million. In the dust, people in the blink of an eye, lost most of their pensions to these bloodsuckers. Friends of mine that were going to retire had to change their plans because they lost so much money.

The average Joe on the US (to a lesser extent us) are getting raped in an unprecedented greed binge. I'm amazed that the protests haven't been more violent but I doubt this is over yet.
 

anon1

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Aug 19, 2001
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Capitalism isn't wrong, it's the criminals that run the corporations for their own self interest that needs to be terminated...........with extreme prejudice.
 

danmand

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Capitalism isn't wrong, it's the criminals that run the corporations for their own self interest that needs to be terminated...........with extreme prejudice.
Karl Marx explained how capitalism works.
 

Yoga Face

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Karl Marx explained how capitalism works.
Right on

Marx explained the failings of capitalism

He did not explain what should replace it only that the people should retain power and build the society they feel best fits their needs so he would have hated Stalinism as Stalin was a dictator
 

Keebler Elf

The Original Elf
Aug 31, 2001
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Marxism does not work because it fails to account for the most basic human driver: personal self-interest.

Marxism fails to address the basic human instinct to look out for oneself and want to better one's position. The idea of "from each according to their ability, to each according to their need" has a nice ring to it but it doesn't take long for the more able to grow weary of the slacker. It also doesn't encourage innovation and advancement.

Really, I'm quite surprised someone would turn to Marxism in this day and age. Time has quite clearly proven it to be a failed economic-political theory.
 

Insidious Von

My head is my home
Sep 12, 2007
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It needs to be regulated, before the masses get fed up and come up with their own solution.
Yes Brill and it was called The French Revolution.

If our capitalist system remains consumption driven there will be no change and the discontent will fester.
 

OddSox

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May 3, 2006
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The only problem with capitalism is that we're not using that system. The politicians (and others) have regulated and adjusted it to the point that it doesn't work any more - "too big to fail" - what a dumb concept.
 

LKD

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Aug 6, 2006
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The only problem with capitalism is that we're not using that system. The politicians (and others) have regulated and adjusted it to the point that it doesn't work any more - "too big to fail" - what a dumb concept.
I have to agree. This so called capitalist market, that we believe to be unregulated, inevitably lead to the establishment of coercive monopolies. Fact is no coercive monopoly has ever been or ever can be established by means of free trade on a free market. Government intervention in the economy through legislative action, special privileges, franchises, and subsidies etc all close the entry of competitors into a given field.
 

onthebottom

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Jan 10, 2002
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Yes and no.

He understood the issues but came to the wrong conclusion....

OTB
 

K Douglas

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Jan 5, 2005
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Karl Marx was wrong because he said capitalism will destroy itself. As far as I can see capitalism is not destroyed, nor will it ever be. Once Obama and his ilk are turfed things will turn around.
 

danmand

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danmand

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Karl Marx was wrong because he said capitalism will destroy itself. As far as I can see capitalism is not destroyed, nor will it ever be. Once Obama and his ilk are turfed things will turn around.
Where did he say that?
 

basketcase

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Dec 29, 2005
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Marx was right when he said "I never forget a face, but in your case I'll be glad to make an exception. "


The stuff about capitalism was too idealistic to work in reality.
 
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