Wednesday 26 October 2016

Marx Was Right, Sort Of

Marx Was Right, Sort Of | The Z Blog



In the Communist Manifesto, Marx described the periodic crisis of capitalism in terms of “the enforced destruction of a mass of productive forces.” Marx argued that the productive forces unleashed by capitalism eventually get out of hand and the result is excess, thus collapsing the value of the means of production. The capital classes remedy this by enforced destruction of a mass of productive forces, the conquest of new markets, and by the more thorough exploitation of existing markets.
Marx gets blamed for the 100 million or so murders committed in his name, but he did make a few insightful observations. For instance, the nature of business to ruthlessly exploit existing markets in pursuit of growth, even when it becomes self-defeating, is still true today. Similarly, business will bankrupt itself in pursuit of new markets, all in the name of growth. Much of what plagues us these days is the result of global business desperately searching for a new market to exploit. It is also at the heart of what is ailing the NFL.
A lot of people are blaming the idiotic and offensive antics of the players for the sudden drop in ratings. Football players have short careers and most end up broke soon after leaving the game, but most men envy them anyway. Boys grow up wanting to be a sports star and that admiration carries over into adulthood, long after we know the reality of sport. Colin Kaepernick disrespecting the fans and the country by kneeling during the anthem grates on people. Normal people think he is an ungrateful prick.

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