Capitalism in Crisis - Was Marx Right? 5/5

[kingbarneyoflondon]

I'll say it again, she hasnt presented any argument or addressed the real issues

[DAngelo136]

@kingbarneyoflondon You might have missed it. She related the failure of capitalism and its institutions primarily in Britain but also in Europe and the United States. If you need further elaboration, check out Professor Richard Wolff's lectures and speeches on YouTube as well. There are 2 books, rather graphic books that also go into detail: Capitalism For Beginners by Robert Lekachman and Marx For Beginners by Rius I recommend that you read them both.

[Ranger4564]

As a socialist, I'd say there is a lot of work to be done before the world can become socialist. The biggest of these is how to maintain the richness of life that people experience through capitalism. How to allow for surplus, allow travel, vacations, spurious consumption, etc. Socialism can have abundance and surplus just like capitalism, but it doesn't need to be at another's expense. I have to admit that some people don't work very hard when given a guaranteed job... how to motivate them?

[Ranger4564]

Not all things need to be socially controlled to the extent that everyone decides... the biggest objective is to eliminate the disposition of greed / indifference towards the circumstance of others. Solve those, and other things will work themselves out. Plus, a partial socialist system will not work, just like a partial capitalist system will not work. This is precisely why each system was trying to gain worldwide acceptance.

[Ranger4564]

Great speech. The biggest problem is that it doesn't really address how Socialism would deal with things like an automated future, people's disposition towards progress, innovation, aesthetics, variety, etc. The biggest criticism of soclailsim is the bleak and bland future people perceive under that system. This persentation is so caught up with Labor that it makes the same mistakes as Unions... what happens when labor really is obsolete. Socialism has to adapt with the times.

[rring88]

she kicks ass