Richard Cribb
He does monologues
- Joined
- Nov 5, 2003
- Messages
- 4,291
As promised in the recent Atlas Shrugged thread, here is one devoted to Karl Marx.
As a starting point, I offer this article:http://observer.guardian.co.uk/comment/story/0,6903,1530250,00.html
Some extracts, bolds by your truly:
So, are we all Marxists, then?
But honestly, this is an invitation to discuss an influental thinker about whom quite a few misunderstandings seem to prevail. Was he a prophet, a charlatan, a philosophical genius, a philosophical buffoon, or something else? Is it still any use in occupying oneself with his thoughts? As seen above, some people think so, but what do you think?
You may post whatever relevant to the topic, but please refrain from sloganeering, ad hominem attacks or spam (I don't need any "funny" one-liners about North Korea or Cuba, neither do I need to told once again that some of you would love to have Milton Friedman's babies).
As for my own opinion, I will return to that after having seen where this thread is heading, or more precisely whether it has no right to life at all.
As a starting point, I offer this article:http://observer.guardian.co.uk/comment/story/0,6903,1530250,00.html
Some extracts, bolds by your truly:
The billionaire speculator George Soros now warns that the herd instinct of capital-owners such as himself must be controlled before they trample everyone else underfoot. 'Marx and Engels gave a very good analysis of the capitalist system 150 years ago, better in some ways, I must say, than the equilibrium theory of classical economics,' he writes. 'The main reason why their dire predictions did not come true was because of countervailing political interventions in democratic countries. Unfortunately we are once again in danger of drawing the wrong conclusions from the lessons of history. This time the danger comes not from communism but from market fundamentalism.'
In October 1997 the business correspondent of the New Yorker, John Cassidy, reported a conversation with an investment banker. 'The longer I spend on Wall Street, the more convinced I am that Marx was right,' the financier said. 'I am absolutely convinced that Marx's approach is the best way to look at capitalism.' His curiosity aroused, Cassidy read Marx for the first time. He found 'riveting passages about globalisation, inequality, political corruption, monopolisation, technical progress, the decline of high culture, and the enervating nature of modern existence - issues that economists are now confronting anew, sometimes without realising that they are walking in Marx's footsteps'.
Like Molière's bourgeois gentleman who discovered to his amazement that for more than 40 years he had been speaking prose without knowing it, much of the Western bourgeoisie absorbed Marx's ideas without ever noticing. It was a belated reading of Marx in the 1990s that inspired the financial journalist James Buchan to write his brilliant study Frozen Desire: An Inquiry into the Meaning of Money (1997).
'Everybody I know now believes that their attitudes are to an extent a creation of their material circumstances,' he wrote, 'and that changes in the ways things are produced profoundly affect the affairs of humanity even outside the workshop or factory. It is largely through Marx, rather than political economy, that those notions have come down to us.'
Even the Economist journalists John Micklethwait and Adrian Wooldridge, eager cheerleaders for turbo-capitalism, acknowledge the debt. 'As a prophet of socialism Marx may be kaput,' they wrote in A Future Perfect: The Challenge and Hidden Promise of Globalisation (2000), 'but as a prophet of the "universal interdependence of nations" as he called globalisation, he can still seem startlingly relevant.' Their greatest fear was that 'the more successful globalisation becomes the more it seems to whip up its own backlash' - or, as Marx himself said, that modern industry produces its own gravediggers.
The bourgeoisie has not died. But nor has Marx: his errors or unfulfilled prophecies about capitalism are eclipsed and transcended by the piercing accuracy with which he revealed the nature of the beast. 'Constant revolutionising of production, uninterrupted disturbance of all social conditions, everlasting uncertainty and agitation distinguish the bourgeois epoch from all earlier ones,' he wrote in The Communist Manifesto.
Until quite recently most people in this country seemed to stay in the same job or institution throughout their working lives - but who does so now? As Marx put it: 'All that is solid melts into air.'
In his other great masterpiece, Das Kapital, he showed how all that is truly human becomes congealed into inanimate objects - commodities - which then acquire tremendous power and vigour, tyrannising the people who produce them.
So, are we all Marxists, then?
But honestly, this is an invitation to discuss an influental thinker about whom quite a few misunderstandings seem to prevail. Was he a prophet, a charlatan, a philosophical genius, a philosophical buffoon, or something else? Is it still any use in occupying oneself with his thoughts? As seen above, some people think so, but what do you think?
You may post whatever relevant to the topic, but please refrain from sloganeering, ad hominem attacks or spam (I don't need any "funny" one-liners about North Korea or Cuba, neither do I need to told once again that some of you would love to have Milton Friedman's babies).
As for my own opinion, I will return to that after having seen where this thread is heading, or more precisely whether it has no right to life at all.