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Comment by baron_harkonnen

> We hopefully have learned a few thing since.

I think we've mostly learned that Marx was right.

You seem to be thinking of Marx from the sort of popular fiction of someone that protests capitalism as some great injustice. Marx's logic, at least in Capital, isn't that Capitalism is a moral evil, or that Capitalists are bad people (in fact he argues pretty clearly that the moral character of individual capitalists is irrelevant).

Marx's central point is that Capitalism is a system filled with internal contradictions that will continually manifest themselves as crises. These crises will continue until the system finally becomes unstable an collapse. Marx's vision of course was that it would collapse into socialism, but his utopia solutions can be viewed quite independently from his theory of capital.

Marx predicted a fairly large portion of our world today: the increasing globalization of capitalism, growing interdependence of labor and capitalist classes, increasing fragility of the labor class, the development of the credit system and financial system to temporarily resolve some of these contradictions.

If there is a good critique of Marx it is that he failed to predict the ecological and environmental damage that capitalism would bring. He failed to fully understand the way that these contradiction work with resource use.

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