Earlier quoted context omitted.
Speaking of sniff checks, you might want to do that first, because that's not actually the prediction that Marx was making. In my understanding, Marx was actually appreciative of free market building stuff. The question he asked was this: If the workers pay for the goods produced with increasingly bigger share of private property of capitalist class, what happens once there is no more property to give away to capital…
Bollocks. The first point is nonsensical ("sure, the free market system keeps making new stuff, but what happens when we run out of stuff to pay for it with?"); it's like a bad Yogi Berra pastiche, expecting that we as a society will become so wealthy that we can't afford to do it anymore. He tries to paper over this with a lot of hand-waving about classes, but fundamentally he's trying to use a zero-sum model to exp…
Re: The fundamentals still matter
#31Of course I would have been born, I was born in a communist country (Czechoslovakia). You think they couldn't make a fertilizer back then or something? Our country is capable of producing less today than it used to during that era. We were destroyed by capitalist financialization, the same problem that had the West lost to China economically. The thing that Marx has warned about..