Skip to main content

View Diary: The "Marxism is coming back" trope (264 comments)

Comment Preferences

  •  So does Thomas Piketty... (5+ / 0-)

    So far as I have read in C21C, he has nothing but admiration for Karl Marx's work as an economist (especially, as given that in the 1840's, the "discipline" of economics scarcely deserved the term), and nothing but dismissal for Marx's political polemics - IOW, as the old saw about Marx goes:

    "Everything he wrote about capitalism was correct: everything he wrote about communism was wrong"

    •  Everything he wrote about communism (0+ / 0-)

      ...was vague.

      In practice, that vagueness was clarified by Lenin, Stalin, Mao, Ho Chi Minh,....and an honest analysis today is that a revolutionary party with antagonistic neighbors and governmental socialist management of the entire economy winds up with oligarchic state capitalism.

      But a "free enterprise" economy with corporate private capitalism and government limited to only some forms of infrastructure also winds up with oligarchic state capitalism.

      In both cases the oligarchs control the capitalist state.

      Someone needs to come up with a well-thought-through alternative direction.  Unfortunately Capitalism in the 21st Century does not quite reach that for all his discussion of Marx.

      It doesn't even begin to grapple with the almost "original sin" issues of commodification and the commodification of money that sets a society on the path to that of knowing the price of everything and the value of nothing.

      50 states, 210 media market, 435 Congressional Districts, 3080 counties, 192,480 precincts

      by TarheelDem on Tue Apr 22, 2014 at 05:47:24 PM PDT

      [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site