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In reply to the discussion: For the Marxists and Socialists at DU - Happy Tuesday - a most thoughtful read [View all]malaise
(296,163 posts)27. I think the best thinker on this subject is Ellen Meiksins Wood
Her Democracy against Capitalism:Renewing Historical Materialism suggests that unless there is real democracy Capitalism will only work for the minority because our governments are owned by the wealthy.
So we have to have a Democratic revolution and as much as we optimists wish, it will not come from any traditional political party anywhere in the West.
Right now I'm pinning my hopes on Greece and Spain
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For the Marxists and Socialists at DU - Happy Tuesday - a most thoughtful read [View all]
malaise
Feb 2015
OP
That is a self destructive plan though - the bit about cutting wages and benefits for workers
el_bryanto
Feb 2015
#2
Well - I agree we are up against a wall, but it's a wall created by the myopia of capitalism
el_bryanto
Feb 2015
#8
Even with all the interference and obstruction from the capitalist sector(s), the USSR still
KingCharlemagne
Feb 2015
#16
"capitalism CANNOT BE "STABILIZED" WITHOUT MASSIVE HARM TO THE WORKING CLASS."
Nuclear Unicorn
Feb 2015
#5
"If you can make 1 unit of profit on selling a widget and 3 units of profit trading paper...
Nuclear Unicorn
Feb 2015
#14
Well, that's the point though. NO one moves into the widget market......
socialist_n_TN
Feb 2015
#68
If you can make 1 unit of profit on selling a widget and 3 units of profit trading paper, the laws o
DonCoquixote
Feb 2015
#35
Then the party needs to say that the people need food, clothing, shelter.....
socialist_n_TN
Feb 2015
#69
Quite right. These people need to read Keynes. Smart guy. Knew a thing or two. n/t
Adrahil
Feb 2015
#56
I think they understand it very well. It's the people who don't understand. Capitalism is just
ND-Dem
Feb 2015
#79
imo fresco's resume reads more like some kind of intelligence asset than anything else.
ND-Dem
Feb 2015
#80
How is the regulated capitalism v. letting it collapse econ talk related to the EU's collapse?
ancianita
Feb 2015
#47