Tuesday, May 01, 2018

Happy Birthday, Karl Marx

“No social order is ever destroyed before all the productive forces for which it is sufficient have been developed, and new superior relations of production never replace older ones before the material conditions for their existence have matured within the framework of the old society.”
-Karl Marx

Ol' Karl turned 200 the other day.  Worth taking a look back at the man whose ideas would shake the world asunder:

"In 2002, the French philosopher Alain Badiou declared at a conference I attended in London that Marx had become the philosopher of the middle class. What did he mean? I believe he meant that educated liberal opinion is today more or less unanimous in its agreement that Marx’s basic thesis — that capitalism is driven by a deeply divisive class struggle in which the ruling-class minority appropriates the surplus labor of the working-class majority as profit — is correct. Even liberal economists such as Nouriel Roubini agree that Marx’s conviction that capitalism has an inbuilt tendency to destroy itself remains as prescient as ever."

No comments: