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Exile from the Future's avatar

Karl Marx correctly predicted that capitalism, because of internal contradictions, would eventually eat itself. That's happening right now. Marx actually admired early capitalists like Adam Smith and John Stewart Mill, who ended feudalism by creating a class of bakers, merchants, and candlestick makers. Unfortunately, the big fish started eating the little fish, and then the giant fish ate the big fish, and we ended up with monopolies owned by oligarchs with masive unerarned income that accumulates even when they are sleeping. The result has been a new form of feudalism. Marx also suggested that capitalism is intrinsically undemocratic. He thought workplaces and offices should be run democratically. Does this mean revolution? Does this mean working within the system to make the system more just? Or does it mean violent uprisings? You decide.

Realist's avatar

Mearsheimer is correct. The electoral system is useless.

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