Marx's prescient predictions for the 21st century

[Ignatius]

@Joe_Aleks

The only problem with Marx’s predictions and the real world is that they are based on the premise that capital and capitalism can be withheld from the masses.

Of course, they routinely are, and that is where capitalism fails. Until the masses enforce our capitalist rights by rule of law, the dismal sciences will continue to self- fulfill their own prophesies.

Where socialism fails is in declaring itself in opposition to capitalism rather than enforcing the rights of the masses to capital.

Just simple common sense, math and practical economics. But you don’t see it very often.

I’ll happily trade my “freedom to capital” for the freedom not to starve or be economically destroyed because of health issues and not have the value of my labor disproportionately exploited by the employing classes.

Capitalism itself withholds capital from the masses. It literally does not function without a large base of disenfranchised people. Insufficient capitalism is not the cause of our woes.