Can capitalism survive.
Communism didn't but that doesn't mean capitalism will either.
Marx saw capitalism as a powerful model with real potential to make huge advances.
However he saw it having flaws that would would eventually destroy it.
These flaws would manifest themselves in crises that became bigger and bigger and more frequent.
I think we get one last fling in a year or two when markets reprieve into 2032/4.
From that point, either capitalism reinvents itsself or a new model appears.
After all, no past system has survived too long.
Why should the current one?
Karl Marx is looking smarter every day
Started by
voltaire
, Dec 08 2012 10:54 PM
2 replies to this topic
#2
diogenes227
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Posted 09 December 2012 - 03:30 AM
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
#3
Dex
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Posted 09 December 2012 - 11:27 AM
Systems morph over times. Look at communist China morphing into from communism to communism/capitalism.
In the USA capitalism is morphing into capitalism/fascism.
Edited by Dex, 09 December 2012 - 11:28 AM.
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