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I Think Karl Marx Had Some Good Points

Marx made a lot of insightful observations of human society, and especially of how the ability to find work had changed with the industrial revolution, and it's consolidation of economic strength. He had good ideas about social destruction at the hands of the owners of industry, but his failure to fully address the base level of greed in the hearts of men meant his ideas would ultimately fail the test and prove too utopian.
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ozgirl512 · 26-30, F
I've never read his manifesto, but I did read recently that many economists are revisiting it looking for ideas. Capitalism certainly seems to have had it's day.
Marganitbatadam · 22-25, F
@ozgirl512 That's very true! The market led economy has failed because too much has been put in a single basket!
ozgirl512 · 26-30, F
@Marganitbatadam not sure what you mean by that?
Marganitbatadam · 22-25, F
@ozgirl512 The economics of capitalism has been too long dependent on stocks and shares, and the investment of capital in these alone has been the pitiable great mistake!