“Owners of capital will stimulate the working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalised, and the State will have to take the road which will eventually lead to communism.”
Unfortunately the scraps from the master’s table in the form of welfare payments has deradicalised the Industrial Reserve Army Marx spoke of. In much the same way as ‘Victory Gin’ kept the people of Oceania in a daily stupor in Orwell’s 1984, the dole is enough to prevent the non-stakeholders in this society from erecting barricades, rioting and seizing the physical factors of production. Therefore the establishment of a classless, egalitarian society based on the common ownership of the means of producing wealth looks unlikely at this time, despite the apparent creakiness of the capitalist system.
[quote=“Turenne”]Thankfully, the history of the last century has shown Marx’s ‘scientific analysis’ of history to be a pile of shite.
Thankfully for who??
Not the people of Cambodia, Russia etc…
Marx’s main aim in contriving his economic system was to use it as a vehicle to deliver us from alienation and return us to our pre historic communal state…However it was desire, or human nature, that drove each historical epoch on and i cant see how he thought this would be extinguished once we reached “utopia”.
It’s human nature to want/desire/ seek personal satisfaction — This was compounded in the toltalitarian regimes of the 20th century and showed the frailty of socialism put into practice.
Capitalism has many flaws and evils, but it is the system that best suits our nature—
I’m not sure what your point is? What does Marx’s flawed methodology have to do with Stalin and Khmer Rouge? The former is irrelevent to those despots; the latter, at best, adopted policies that were a bastardization of Marx’s ideas, some of which were highly perceptive and impressive, and some of which made the mistake in assuming the future was predictable like some kind of mathematical equation.
Like most radical thinkers, his legacy is mixed, but not because some lunatics took a very simple, very strangled version of his ideas and used them to dominate and subjugate. Blame that on human nature, not Marx.