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by Kadin 3682 days ago
The elites will share their wealth only insofar as it's cheaper to do that (bread and circuses) than it is to keep the proles at bay through force.

What Marx saw as an inexorable trend towards socialism may have in fact just been a temporary consequence of the industrial revolution, wherein labor was especially important and the power of an individual worker was large in historical terms. It's not impossible to imagine a sort of "Neo Feudalism" where a small minority of elites find it cheaper to maintain control via technological force-multipliers than to share their earnings such that everyone is actually happy or nearly so.

1 comments

Not quite. He did note the increasing automation (and sadly either willfully or not fudges his numbers to make the worker more important) in his writing.

His message was less about how important labor was, but how labor got squeezed between the industrial capitalists owning the factories, and the rentier capitalists who owned the land, housing and issued loans.