Marxist economics is an excellent study of how capitalism continuously deskills and replaces labor with automation, and Marxist economics should be studied carefully for a full understanding of this process. Indeed, you don't really understand Capitalism at all without this knowledge.
This process is the underlying moral justification of all leftist politics.
As you might suspect - it tells only half of the story.
Marxist economics, (probably deliberately,) fails to describe how new technology creates brand new employment for the labor force, and how the continuous race for new technology allows smaller companies to out compete the larger monopolistic and highly bureaucratic corporations.
The inevitable failure of Capitalism predicted in Marxist ideology does not occur for these reasons - aka - it accurately describes only part of the picture, and after that the math just fails. The real truth is Capitalism drives continuous and accelerated technological change as a matter of competitive survival. While this accelerates the destruction of trade skills on the one side, it counterbalances that effect with the creation of new trade skills on the other.
In effect, the skilled tradesman is just as essential today as he was 1000 years ago. Unskilled labor is still nearly worthless, and skilled labor remains very expensive. In practice, Marxism is the ideology that creates the greatest poverty among populations and nations. Meanwhile, even the poor in Capitalist nations are quite wealthy compared to the average population of non Capitalist nations.
In the Big big picture, a handful of banking Jews financed and created Marxism in an attempt to destroy Capitalism, because you can have banking without Capitalism, (Feudalism,) but Capitalism grows real wealth exponentially faster than banking ever can. Marxism is the central banker's play to retain their own power. They also attack freedom, because you cannot have Capitalism without freedom, and arguably, you may also not be able to have freedom without Capitalism. I see no free nations that are not also Capitalist nations. Meanwhile, the other essential truth is any asshole can start a bank. There is nothing special about it.
Bravo mate
We here in the good ol usa we have never experienced free market capitalism. Neither have our grandparents.
Subsidies, policies like too big to fail and judicial decisions like citizens United; where corporations are people, is not laissez fare capitalism.
Musolin describe fascism as corporate rule. When corporations make the laws. We live now in a twisted form of fascism.
A democratic republic based on the rule of western law in theory seems like the best thing going on the planet, if you can keep it.
Make America the 110th. \o
Growing up I remember hearing about this certain law put in place to stop companies from owning a monopoly in their industry. Fast forward to today where multi billion dollar companies are doing mergers with other multi billion dollar companies. Whatever happened to that supposed law I wonder.
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