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This is a good way to describe it. He got the first part right, and identified the true flaw of capitalism. Too many people still associate him and his theory
by crimsonalucard 11y ago
This is a good way to describe it. He got the first part right, and identified the true flaw of capitalism.
Too many people still associate him and his theory of communism with failed communist states like the soviet union, North Korea or pre-capitalistic China. While the association may or may not be real, his observation about capitalism is unequivocal.
- nemo44x 11y agoThanks. It's amazing to see how many folks in the tech industry don't see this when the whole idea of H1B visas is to get workers that can easily be exploited over here. Especially since the first attempt in the late 90's of out sourcing failed. But out sourcing has worked fabulously for many other industries. And although I agree globalization has many benefits the side effect is many displaced people today seething with anger as the capitalist class gets wealthier. That anger will turn to pitch forks when there's enough of them. to compete with people around the world means to be exploited here and policy doesn't help it so people feel they are not allowed to participate in society fairly. Capitalists (including me) need to behave otherwise revolution will come and our bourgeois heads will roll.