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by alexasmyths
3195 days ago
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I don't think what you said is controversial, it's sound. Marx's observations were mostly sound, and I think, not inconsistent with Adam Smith. It's his solutions that were crazy-balls. Ultimately, all things being equal, tech that makes companies more efficient will drop employment and wages. 'All things' are never equal though :). We should consider the fact that while modern countries are going anywhere fast - 100's of millions of people are coming out of abject poverty. That's often overlooked. |
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I very much agree. People on my side of the political spectrum often dismiss how much good capitalism has done to people, especially those in improvished countries, though it's important to note that even despite these improvements, Marx campaigned for Socialism - not beacuse the improvements were useless, but because there is more to a mode of production than lifting people out of poverty - we must also question the social, psychological and moral aspects of the way in which people live; while nobody disagrees that the standard of living has increased, whether the quality of life is the best that it can be, or that it should be, is a very hot topic and the Frankfurt School in particular hads taken it upon itself to examine this.
I made a comment[0] yesterday relating my problems with capitalism, and partly they are the reason I am a Socialist; perhaps we may find some agreement in the diagnoses of the problems but not the solutions, being as "crazy-ball" as you put them.
[0] https://news.ycombinator.com/item?id=15299592