4 ms·
Marx was wrong. Provably wrong. His ideas were put to the test across various cultures and geographies (Russia, China, Vietnam, Cuba, Angola, etc.). Failed. Fai
by capz 12y ago
Marx was wrong. Provably wrong. His ideas were put to the test across various cultures and geographies (Russia, China, Vietnam, Cuba, Angola, etc.). Failed. Failed. Failed. Failed. Failed. And the response to this is that they didn't go far enough. There were still capitalists somewhere. It would've worked if the whole world (echoed here by Piketty's world wide tax) was communist.
Perhaps Marx was right in his assessment, but maybe there is no prescription. That is never brought up. Perhaps you're condemned to have a standard of living better than most royals enjoyed a century ago (CAT scans, Internet, Jet Travel - capital, capital, capital) and the price is ennui and jealousy of someone with 2000x more paper wealth. Maybe there is no alternative, or all the alternatives are just a lot worse.
In the meantime, I will continue to think that any tax on accumulated capital is evil and label it as Marx 2.0.