Revenge of Karl Marx?


	Revenge of Karl Marx?

tommy2balmy

3-16-2009 10:25 AM

221 views

tags:

marx, capital, marxism, communism, economic collapse, capitalism, over production, forces of production, relations of production

tommy2balmy says:

Maybe....maybe not...
His relevance seems to have undergone another change in recent times.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/db11e243-a8fe-4af8-a53f-c2cd3ea3c490/3A8E652C-E669-4844-8C3F-9561DBF20AD1/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.theatlantic.com/doc/200904/hitchens-marx" href="http://www.theatlantic.com/doc/200904/hitchens-marx" style="font-size: 11px;">www.theatlantic.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.theatlantic.com/doc/200904/hitchens-marx">every newspaper informs me of frantic efforts by merchants to unload onto the consumer, at almost any price, the vast surplus of unsold commodities that have accumulated since the credit crisis began to take hold. The phrase <I>crisis of over-production</I>, which I learned so many long winters ago in “agitational” meetings, recurs to my mind. On other pages, I learn that the pride of American capitalism has seized up and begun to rust, and that automobiles may cease even to be made in Detroit as a consequence of insane speculation in worthless paper “derivatives.” Did I not once read somewhere about the bitter struggle between finance capital and industrial capital?</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.theatlantic.com/doc/200904/hitchens-marx">John Micklethwait and Adrian Wooldridge, doughty champions of capitalism at <I>The Economist</I>, admit straightforwardly in <A href="http://www.amazon.com/exec/obidos/ISBN=0712673989/theatlanticmonthA/ref=nosim/" target="_blank">their book</A> on the advantages of globalization that Marx, “as a prophet of the ‘universal interdependence of nations,’ as he called globalization … can still seem startlingly relevant </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.theatlantic.com/doc/200904/hitchens-marx"><div align="center"><img src="http://content6.clipmarks.com/blog_cache/www.theatlantic.com/img/C9D2DD35-C1BE-4156-8756-9CEB32ADD46F" alt="" /></div></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/3A8E652C-E669-4844-8C3F-9561DBF20AD1/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>