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In reply to the discussion: What is your opinion about Marxism? [View all]Gravitycollapse
(8,155 posts)It enacts a system which makes necessary continuous excess consumption. It is not efficient at all. And it continues to exist only because it has enacted the illusion of need.
"Wealth" is simply the exploitation of labor; the theft of value beyond what is given back to the worker. It's value disproportionately favors the ruling economic class who get away with such theft by creating the illusion among the workers that they are not being exploited at all. Despite reality being to the contrary.
Capitalism is a production of production as well as a production of consumption. It manipulates the desires and needs of individuals to maintain a continuous siphoning off of value from the workers for those who retain control of capital.
This has produced, as Marx himself was in awe of, immense wonders of man and machine. But it comes at a high cost. That cost is the humanity of the exploited and the abundance of natural resources.
The most viable, egalitarian economic models are hybrids of private capital and public programs. These are often referred to as social democracies. And they are different in each country but carry similar philosophy. That is, there are some economic needs that are too important to be exploited by the will of a few ruling parties. Thus, they must be publicly maintained and owned.
These political and economic systems have, contrary to your statements, thrived.
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