Yes, Capitalism has succeeded!

[Middle finga]

How frustrating it is to hear the same old Cold War propaganda coming out of the mouths of many Americans whose economic well-being is presently being jeopardized not by Engels, Marx, or Lenin, but by Wall Street and Washington.

How can this latest economic fiasco in America be the fault of Marxist labor unions, when the jobs of millions of union members have long since been outsourced across the border and overseas?

How can the loss of one's home be the fault of a Communist conspiracy to seize private property when it was the Capitalist banks which lured potential homeowners into unworkable adjustable rate mortgages which destroyed the housing market, causing millions to lose their homes?

Can we blame Karl Marx for the rising cost of everything from gasoline to toilet paper, rising unemployment, hundreds of billions of dollars in Government and private debt, and an imbalance of trade in the trillions, when all along it was the manipulations of the money grubbing Wall Street Capitalists and their enablers on the Potomac which created this debacle?

I am fed up with this mindset which excuses the excesses of Capitalism when compared with the real or imagined shortcomings of Socialism.

Having lived through the Cold War and having been subjected to the interminable demonization of Socialism/ Marxism, it is understandable how one could have been deluded into thinking that Capitalism succeeds when all else fails.

Yes, Capitalism has succeeded! It has succeeded in destroying organized labor and the American workplace. It has succeeded in destroying the American dream of home ownership. It has succeeded in destroying the living standards of millions of American families. It has succeeded in ruining the economic well being of the entire Nation for the profit of a very few. Yes, it has once again succeeded in giving us another Great Depression.

Source: Unknown News

[sam sarrha]

1. the best example of Capitalism is the family Mafia in the white house,

[Hydra]

2. Capitialism and democracy are mutually exclusive

Which is why we aren't a democracy.

[Middle finga]

7. It's amazing how these pro-corporate politicians are able to

trick so many poor voters, espeacially in the rural parts of the country, into supporting their pro-corporate policies. You have people who are barely making ends meet and are against universal health care because according to them it's socialism.

[Hydra]

8. It's a funny irony

Everyone thinks that socialism takes things from people. People making $75,000 a year or less have nothing to worry about.

Capitalism, however, has no problem stealing the milk from babies.

[bryant69]

3. Of course it's easier to demonize capitalism

now that Communism has fallen - not too many people recall the horrors of Stalinism these days.

Most of Europe has a well Regulated Capitalism with solid public programs to help those what need it. Seems to work well. The solution isn't Capitalism or Socialism, but a blending of the two. Capitalism does what it does best while the Government handles those areas in which Capitalist solutions don't work or would be destructive.

Bryant
Check it out --> http://politicalcomment.blogspot.com

[Yavapai]

10. "Communism has fallen" ???

Somewhere I heard that Communism is still alive and doing well in China...

Probably just a rumor, never mind.

[bryant69]

11. You are right - sorry - slip of the mind. n/t

[Fovea]

4. I wonder if Marx was right.

Not about communism, but about the dialectic.

Capitalism's excesses created Communism.
Communism and Capitalism fought long and hard.

Meanwhile, Europe rose from the ashes of WW2, and created the Social Democratic movement.

Communism fell, now Capitalism is falling. What will be left when the dust settles? Old Europe's hybrid of the two, vindication of the Marxist construct of human progress of the epic struggle of systems giving rise to a new order of system.

[originalpckelly]

5. This piece assumes the world has seen free market capitalism.

I beg to differ, our system is purposely manipulated by the rich. It is a market fixed in their favor, and I stand in favor of truly free market capitalism.

[MisterP]

6. Derrida's "Specters of Marx" takes this on

and it was written in 1993, when "post-Communist" techno-libertarian utopianism started surging
but then again, many of the "left" parties of Europe are now neolib, following in Blair and Schröder's footsteps

[Selatius]

9. I think what happens is capitalism will ultimately destroy democracy.

In the end, when that happens, you simply end up with a system a little more akin to feudalism, where everybody works for the lord, and everybody is tied down. Either that, or a confrontation is coming on the horizon between the poor and the rich.