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Karl Marx Was Right
Dec. 13th, 2019 01:32 pm~I have been posting this paragraph quoting the Chris Hedges article linked below for a while now. But I realized that by breaking it up into individual sentences, it becomes a Bill of Indictment...
"The final stages of capitalism, Marx wrote, would be marked by developments that are intimately familiar to most of us.
Unable to expand and generate profits at past levels, the capitalist system would begin to consume the structures that sustained it.
It would prey upon, in the name of austerity, the working class and the poor, driving them ever deeper into debt and poverty and diminishing the capacity of the state to serve the needs of ordinary citizens.
It would, as it has, increasingly relocate jobs, including both manufacturing and professional positions, to countries with cheap pools of laborers.
Industries would mechanize their workplaces.
This would trigger an economic assault on not only the working class but the middle class - the bulwark of a capitalist system - that would be disguised by the imposition of massive personal debt as incomes declined or remained stagnant.
Politics would in the late stages of capitalism become subordinate to economics, leading to political parties hollowed out of any real political content and abjectly subservient to the dictates and money of global capitalism."
http://www.nationofchange.org/2015/06/02/karl-marx-was-right/
"The final stages of capitalism, Marx wrote, would be marked by developments that are intimately familiar to most of us.
Unable to expand and generate profits at past levels, the capitalist system would begin to consume the structures that sustained it.
It would prey upon, in the name of austerity, the working class and the poor, driving them ever deeper into debt and poverty and diminishing the capacity of the state to serve the needs of ordinary citizens.
It would, as it has, increasingly relocate jobs, including both manufacturing and professional positions, to countries with cheap pools of laborers.
Industries would mechanize their workplaces.
This would trigger an economic assault on not only the working class but the middle class - the bulwark of a capitalist system - that would be disguised by the imposition of massive personal debt as incomes declined or remained stagnant.
Politics would in the late stages of capitalism become subordinate to economics, leading to political parties hollowed out of any real political content and abjectly subservient to the dictates and money of global capitalism."
http://www.nationofchange.org/2015/06/02/karl-marx-was-right/