Wednesday, November 23, 2011

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Monday, September 22, 2008

was marx right?

Was Marx correct when he said capitalism will one day give way to socialism? Maybe.

1 comments:

  1. Yes. I've been saying for years that his economic analysis is accurate, it's his view of human nature that is flawed. He couldn't have foreseen the current crisis in this form, but he describes the general trends in very precise terms. There is no way to sustain the rate of increase in the margin of profit: collapse is inevitable.
    What comes next? Probably not a workers utopia.
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