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This fact has been noted in recent times by people who have no connection with Marxism, or indeed are hostile to it. Capital is now a best-seller in Germany, while in Japan it has been published in a manga format.
Before , the income disparity was obscured by factors such as easy credit, which allowed poor households to enjoy a more affluent lifestyle.
Now the problem is coming home to roost. The Wall Street Journal published an interview with the well-known economist Dr. Nouriel Roubini, who argues that the chain of credit is broken, and that capitalism has entered into a vicious cycle where excess capacity overproduction , falling consumer demand and high levels of debt, all breed a lack of confidence in investors that in turn will be reflected in sharp falls on the stock exchange, falling asset prices and a collapse in the real economy.
Like all the other economists, Roubini has no real solution for the present crisis except more injections of liquidity by the central banks in order to avoid a collapse.
His conclusions could scarcely be more pessimistic:. We thought markets worked. The most serious bourgeois economists, particularly since the crisis of , have become increasingly interested in the theories of Marx and Engels.
It is therefore ironic that, in this very same period, a growing number of people on the left have decided to throw Marxism overboard. Although he tries to conceal his abandonment of Marxism by all manner of peculiar circumlocutions, asking questions but giving no clear answers, the thrust of his argument is very clear: Marxism is out of date and no longer serves even as a method of analysis.
We must, therefore, find an alternative. But what alternative does he propose? By dead authors, he clearly refers to Marx and Engels. But then he goes on to quote with approval the words of Karl Popper who regrettably passed away in the year of our Lord , and is therefore precisely a dead author, whom we are told should not be quoted.
He was a fanatical defender of so-called liberal democracy, i. His most famous books, The Poverty of Historicism and The Open Society and its Enemies , are libellous attacks against socialism in general and Marxism in particular.
One might add that these false arguments have been utilised by the reactionary right in the USA to defend the ideas of Creationism. As were Charles Darwin, Albert Einstein, Napoleon, Julius Caesar and Jesus Christ.
To state this is to state the obvious. But what is meant by this statement? They provide old ideas, whereas what is required in the 21st century are new views.
An idea is not necessarily false for being old. In the fairy story of Aladdin the wizard promised new lamps for old. A foolish young lady took him at his word and thereby parted with a fortune.
She discovered the hard way that new lamps are not necessarily better than old ones, and people hawking such new products in the streets are to be definitely avoided.
Let us take another example. The wheel has been around for many thousands of years and despite its advanced age still functions tolerably well.
What would we think about somebody who protested that it was time to dispense with the old wheel and invent a new one, which would obviously be much better for the fact of being new.
What shape would this new wheel have? Would it be square, rectangular or octagonal? Whatever the shape, one could be absolutely certain that it would not carry us a single step further.
We wish to make it clear that we do not have a closed mind to new ideas, on the condition that their superiority is proved to us.
The problem is that, up to the present day, the critics of Marxism have never been capable of offering anything of the sort.
Nor have they been able to explain what these new ideas of theirs really consist of. As a matter of fact, the ideas of Marx and Engels are a thousand times more relevant and correct today than when they were first put forward.
The Communist Manifesto is the most contemporary document that one can read. Let us quote just two examples to illustrate the point.
There are two alternatives before the human race: socialism or barbarism. Nowadays, globalisation is considered to be a recent phenomenon.
Yet it was explained and predicted in the pages of the Manifesto , years before it existed. Marx and Engels explained how capitalism first creates the nation state as a means of developing the productive forces, but the development of the latter outstrips the narrow limits of the nation state, creating a world market.
The crushing domination of the world market is the most striking feature of the world we live in. In recent decades, bourgeois economists assured us that Marx was wrong when he predicted a growing polarisation between rich and poor, and an enormous concentration of wealth and power in a few hands.
Capitalism only existed to any extent in England, and even there, large-scale industry had not yet developed. What is the position today?
It is a prediction that is in flagrant contradiction with present-day reality. Today, the entire world economy is in the hands of no more than gigantic multinational companies, most of them based in the United States of America.
These megacorporations are the real rulers of the world economy. The 10 biggest multinationals, including Walmart, Apple and Shell, earn more money than the majority of the countries of the world combined.
Felipe VI. Desde el 5 de junio de Cayo Lara. Desde el 13 de diciembre de PCE IU. Anna Ruiz Dassy. Olivia Chloe Secretario de Proceso Constituyente de Izquierda Unida Predecesor: Cayo Lara La Izquierda Plural.
Portavoz de Izquierda Unida-Unidad Popular en el Congreso de los Diputados In , he participated in the foundation of Students for a Critical Economy, an association of which he was president until , and that was in the same line as the Post-autistic economics movement born in France a few years earlier.
The purpose of that group was academic and militant, since it denounced "the unique thinking and the intellectual emptiness that reigns in the teaching of economics" at the same time as it participated in social movements such like the Social Forum Another Malaga of From Wikipedia, the free encyclopedia.
Spanish politician and economist. This biography of a living person needs additional citations for verification. Please help by adding reliable sources.
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Do not translate text that appears unreliable or low-quality. Millennials is a generation who grew up with computers, internet and social networks.
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It's hard to know Alberto Garzon birth time, but we do know his mother gave birth to his on a Wednesday.
People born on a Wednesday are generally well-spoken and have an innate talent for improvisation. Like many famous people and celebrities, Alberto Garzon keeps his personal life private.
Once more details are available on who he is dating, we will update this section. The year-old Spanish politician has done well thus far.
Zodiac Sign : Alberto Garzon is a Libra. People of this zodiac sign like harmony, gentleness, sharing with others, the outdoors, and dislike violence, injustice, loudmouths, conformity.
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