Free Markets, Free People

Woohoo, Marx is cool again

Marx is making a comeback?  Yes friends please read this bit of propaganda  (beside the nonsense put forward by the “Marxist thinkers” – wait, isn’t that an oxymoron?):

…The Communist Manifesto: "What the bourgeoisie therefore produces, above all, are its own grave-diggers. Its fall and the victory of the proletariat are equally inevitable."


Today, 164 years after Marx and Engels wrote about grave-diggers, the truth is almost the exact opposite. The proletariat, far from burying capitalism, are keeping it on life support. Overworked, underpaid workers ostensibly liberated by the largest socialist revolution in history (China’s) are driven to the brink of suicide to keep those in the west playing with their iPads. Chinese money bankrolls an otherwise bankrupt America.

The irony is scarcely wasted on leading Marxist thinkers. "The domination of capitalism globally depends today on the existence of a Chinese Communist party that gives de-localised capitalist enterprises cheap labour to lower prices and deprive workers of the rights of self-organisation," says Jacques Rancière, the French marxist thinker and Professor of Philosophy at the University of Paris VIII. "Happily, it is possible to hope for a world less absurd and more just than today’s."

Can anyone spot the elephant NOT in the room?  No? 

What is missing in this supposed formula of disaster in the West?  Why Western government profligacy usually driven by what?  Social welfare programs.   And they’ve produced what?.  Unsustainable debt.  Unsustainable spending.  Crony capitalism.  Etc.

What happened in the West wasn’t, as the left keeps trying so hard to claim, a matter of capitalism or free markets going bad (or unchecked, or unregulated, or, well you name it).

What happened was mostly a product of crony capitalism, much of the problem driven by government policy.  Because of that collusion all the warning signs a market would have sent were paved over or ignored.  It was as much a problem of government policy driving perverse incentives as “greed”.   Greece did not happen because of capitalism.  And, frankly, neither was what happened here a result of capitalism.  Not, at least, as anyone who knows what the word means would define it.

So the real irony is that where a country begins to let markets work as they should – note the word “begins” – it sees rapid and incredible growth as well as spreading prosperity.  That would be China.  And the fact that China is still a Communist country doesn’t at all mean their “socialism with Chinese characteristics” is the reason they’re doing well economically (as they’ll find out soon enough when their bubble bursts).

Mostly, in China’s case, it was a matter of timing, which, by the way, is beginning to turn on them.  Some of the industries that settled in China are looking or locating in India (which, for lack of a better term, is about to become the “new China”).

Why?  Because the prosperity that China has enjoyed because it was well positioned to take advantage of the global markets at the time has driven expectations in China up exponentially.  That means demands for higher wages and better benefits.  That means a higher cost of doing business which will eventually see China priced out of certain markets and industries it now enjoys some exclusivity in.

That’s capitalism and my guess is the Chinese will do everything in their totalitarian power to fight it and thereby hold back the progress of their people.  That’s  how socialism/communism works.

So let Marx make a comeback.  As with most of these periodic absurd paeans to socialism that usually begin in academia, what is always, always, always swept under the rug is that Marxism in its various forms last century was the cause of the following deaths:

Given those numbers (by the way I think the Latin American numbers are low, especially if they include Cuba), it still boggles the mind that somehow there exist out there people who claim to be “Marxist thinkers” and that anyone takes them seriously or, in fact, gives them the time of the day.

It reminds me of the Che chic.  The elevation of a sociopathic mass murderer to cult revolutionary status.  The Horst Wessel of Communism. 

A man who spent much of his time executing helpless prisoners (to include kids) has been scrubbed by people much like the “Marxist thinkers” above to be reborn as some ideal revolutionary.  But under that veneer, he still remains a sociopathic mass murderer  that was bent on achieving the totalitarian subjugation of the people of Cuba and anywhere else he could spread his “Marxist revolution”.

That’s precisely what you’re seeing with the nonsense about Marx being reborn.  A new paint job on the same old totalitarian killing machine.  It makes you wonder about the intellectual heft of those who would, once again, fall for the false promises of an ideology which has proven its bankruptcy with the lives of over 90+ million people.

But they’re out there.

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15 Responses to Woohoo, Marx is cool again

  • “But when you go carrying pictures of Chairman Mao, you ain’t gonna make it with anyone any how”.

  • Actually Marx is coming back. People here in the United States are finally remembering what illogical philosophies Marx came up with. That’s why he’s “coming back.”

  • I’ve sat in meetings only a few years ago where the speaker tells us that India has priced themselves out of the market, so let’s go to China.
    Now, it’s China has priced themselves out of the market, so let’s go to VietNam.
    What I always find odd is the case of Apple (formerly Apple Computer) (full disclosure, I own AAPL).  Steve Jobs was always an enabler for the Democratic Party, but virtually all of it’s manufacturing is in China.  Apple seems to have suffered almost none of the “slings and arrows of outrageous fortune” none the less.  Even after the NYTimes had a big piece about how Jobs told Obama that the jobs assembling iPhones will never come “back” to the US.   The price of the stock went up.

  • Groucho Marx and John Lennon are underrated.

  • It may be worth remembering that…aside from all the outright dead people…Marxism and Collectivisms in general left tens of millions MORE wounded, crippled, diseased, and denied their humanity for all or most of their lives.

    • But it was all done ‘fairly’ and they all paid their fair share in blood, sweat, toil, and tears.

      • Hey…”eggs…omelets..meh…”
        I LOVE the humanitarians of the Collective!

    • And if we have a truly catastrophic economic meltdown here – as I think possible and many think likely – the ones hurt the worst will be the very people the left claims to care the most about.

      (I’m talking about a meltdown that compromises basic necessities. I’m convinced we’ll have one that’s going to be nasty, just not something that puts hungry people in the streets for weeks or months.)

      • “”Most of the harm in the world is done by good people, and not by accident, lapse, or omission. It is the result of their deliberate actions, long persevered in, which they hold to be motivated by high ideals toward virtuous ends… …when millions are slaughtered, when torture is practiced, starvation enforced, oppression made a policy, as at present over a large part of the world, and as it has often been in the past, it must be at the behest of very many good people, and even by their direct action, for what they consider a worthy object.” Isabel Paterson (The God of the Machine)

      • “I’m talking about a meltdown that compromises basic necessities.”
        They didn’t see it’s hand hovering over the East Coast as recently as yesterday.
        Course, THAT was caused by the global warming deniers.   Nearly as powerful as stupid evil genius George Bush, or the Congressional and Senatorial minority Republicans, the deniers, despite global consensus, have caused fires across the west, and high temperatures, storms and power failures in the east.
        Mmmmmmm, I can feeeeeel their evil thought energy……..sooooo tasty.

        • Remember adverse weather conditions are always a result of Global Warming, but nice weather is only a sample in time and means nothing about climate change!

          • A genuine pity for the historical record of any human endeavor that we seldom bother to record the mundane.
            It’s all about ‘breaking records’ you know.
            As a result we have to speculate about the mundane, rob common Egyptian graves, and scour the streets of buried Pompey to find out what daily life was like OUTSIDE of the unusual. Now we must dig through photos in the Danish Archives to discover the Greenland glaciers of the 1930’s were smaller than the retreating globally warmed glaciers of today.  We must map the oceans floor seeking oil to find out the deniers of the paleolithic era heated the planet with their Altantis engines and Mysterious Stonehenge devices and caused an epic global warming that melted the icecaps and glaciers and deluged ‘Doggerland’.

  • “…leading Marxist thinkers”
    Oxymoron alert!