Marx used the word 'depreciation' 35 times in the first two volumes of his major work but the automobile had not yet been invented. What does depreciation have to do with planned obsolescence in a consumer economy? Where is the data on the annual depreciation of automobiles since Sputnik?
People criticize communist and socialist governments for their failures while refusing to engage with the very valid critiques Marx had about capitalism. The irony is that if capitalists did and made sure monopolies didn't control production and the bourgeoisie corporatists we're prevented from buying their way into control of government, people wouldn't be in support of socialism as a means to end economic injustice.
Perhaps that’s because communists are so bought into Marx they can’t see the failures of his system when applied beyond theory. Some of his criticisms are valid but most of his solutions lead to the outcomes we see in practice. Attempting to shift the ownership of the means of production always decimates the working class, making them utterly dependent on the state. Markets are not some form of oppression given to us by Feudal lords or CEOs. They’re forces of nature. Marx, and seemingly those who came after him, refuse to accept this simple fact.
1) Revolutionising of production - Capitalism requires businesses to re-invest in their assets to streamline production, improve technology, and grow. The negative side of this is the constant need for growth results in what Lenin's understanding of imperialism 2) Globalisation - Though he didn't use the concept due to it being contemporary, he said did say capitalisms need for profit would result in international connections. The negatives of this is the creation of an international bourgeoise, environmental destruction, and homogenisation of international culture. 3) Capitalism is most advanced and revolutionary system to have existed in history so far - Crisis in capitalism results from overproduction as opposed to lack in previous systems. This gives Marx the grounds to argue for re-distribution. Similarly, he argues capitalism is based on creative destruction which is positive for innovation but bad for the environment and poor For contemporary application of Marx David Harvey is your best bet
great breakdown of information, much more thorough than my in-class lecture. cheers
Marx used the word 'depreciation' 35 times in the first two volumes of his major work but the automobile had not yet been invented.
What does depreciation have to do with planned obsolescence in a consumer economy? Where is the data on the annual depreciation of automobiles since Sputnik?
People criticize communist and socialist governments for their failures while refusing to engage with the very valid critiques Marx had about capitalism.
The irony is that if capitalists did and made sure monopolies didn't control production and the bourgeoisie corporatists we're prevented from buying their way into control of government, people wouldn't be in support of socialism as a means to end economic injustice.
Perhaps that’s because communists are so bought into Marx they can’t see the failures of his system when applied beyond theory.
Some of his criticisms are valid but most of his solutions lead to the outcomes we see in practice.
Attempting to shift the ownership of the means of production always decimates the working class, making them utterly dependent on the state.
Markets are not some form of oppression given to us by Feudal lords or CEOs. They’re forces of nature. Marx, and seemingly those who came after him, refuse to accept this simple fact.
Can you please explain the positive points of capitalism according to karl marx
1) Revolutionising of production - Capitalism requires businesses to re-invest in their assets to streamline production, improve technology, and grow. The negative side of this is the constant need for growth results in what Lenin's understanding of imperialism
2) Globalisation - Though he didn't use the concept due to it being contemporary, he said did say capitalisms need for profit would result in international connections. The negatives of this is the creation of an international bourgeoise, environmental destruction, and homogenisation of international culture.
3) Capitalism is most advanced and revolutionary system to have existed in history so far - Crisis in capitalism results from overproduction as opposed to lack in previous systems. This gives Marx the grounds to argue for re-distribution. Similarly, he argues capitalism is based on creative destruction which is positive for innovation but bad for the environment and poor
For contemporary application of Marx David Harvey is your best bet
CONQUERS, not concurs (titanic slide)