Was Marx Right?

  • metta

    Posts: 39089

    Apr 15, 2014 2:19 AM GMT
    Was Marx Right?



    http://www.nytimes.com/roomfordebate/2014/03/30/was-marx-right
  • tj85016

    Posts: 4123

    Apr 15, 2014 2:55 AM GMT
    somewhat, but socialism guarantees the same concentration of wealth and power albeit with a different definition

    only a strong and vocal middle class (and reasonable and educated people) can balance the evils and benefits of capitalism and socialism. By "educated" I don't mean to refer to university or college.
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    Apr 15, 2014 2:56 AM GMT
    tj85016 saidsomewhat, but socialism guarantees the same concentration of wealth and power albeit with a different definition

    only a strong and vocal middle class (and reasonable and educated people) can balance the evils and benefits of capitalism and socialism. By "educated" I don't mean to refer to university or college.

    Informed?
  • tj85016

    Posts: 4123

    Apr 15, 2014 3:03 AM GMT
    Art_Deco said
    tj85016 saidsomewhat, but socialism guarantees the same concentration of wealth and power albeit with a different definition

    only a strong and vocal middle class (and reasonable and educated people) can balance the evils and benefits of capitalism and socialism. By "educated" I don't mean to refer to university or college.

    Informed?


    yes, but I suppose it depends on who's doing the "informing" and if the informee has the critical thinking skills to distill the information
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    Apr 15, 2014 5:05 PM GMT
    Groucho was a VERY wise man
  • FitGwynedd

    Posts: 1468

    Apr 15, 2014 9:36 PM GMT
    Yes
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    Apr 15, 2014 9:39 PM GMT
    tj85016 saidyes, but I suppose it depends on who's doing the "informing" and if the informee has the critical thinking skills to distill the information


    I've never thought of "informed" as having had information funneled to you. I've always thought of informed as meaning you did some work to get there, consequently you have most or all of the facts.
  • Lincsbear

    Posts: 2603

    Apr 15, 2014 9:45 PM GMT
    Yes, to a degree.

    He identified the inherent conflict between labour and capital over the fruits of economic activity and how they should be distributed.

    His historical analysis was flawed, though.
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    Apr 15, 2014 10:15 PM GMT
    If people read the wealth of nations they would see that what we have now, the bailouts, untaxed land hoarding and inherited wealth, is not capitalism as much as socialism for the rich, paid for by the poor.
  • DG1990

    Posts: 22

    Apr 15, 2014 10:17 PM GMT
    Never liked the Marx brothers movies but I like Groucho's show "You bet your life". It was very funny.
  • FitGwynedd

    Posts: 1468

    Apr 16, 2014 1:08 AM GMT
    Ohno saidIf people read the wealth of nations they would see that what we have now, the bailouts, untaxed land hoarding and inherited wealth, is not capitalism as much as socialism for the rich, paid for by the poor.


    'What improves the circumstances of the greater part can never be regarded as an inconveniency to the whole. No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable. It is but equity, besides, that they who feed, clothe, and lodge the whole body of the people, should have such a share of the produce of their own labour as to be themselves well fed, clothed, and lodged.' - Adam Smith