(08-19-2018, 09:08 PM)Eric the Obtuse Wrote: Essentially, Marx was wrong in his predictions for the developed capitalist world, because the revisionists were right and the revolutionists were wrong. Revolution was applied to the developed world, with mixed and generally tragic results. Revisionism was applied to the developed world, and despite the temporary resistance of the nationalist-type "socialists" (largely misnamed), succeeded in creating a working mixed economy.
Marx was wrong about pretty much everything. Given the inability of Marxists, such as yourself, to understand the limits and problems surrounding central planning it doesn't surprise me that you are optimistic about the so called working mixed economy. All western nations have huge debt loads which spells doom for for the mixed economy. Debt loads going exponential is a key sign that always tells you that the status quo is coming to an end. It is not clear what will replace it but confidence in the state will take a huge hit simply because it has been the preeminent institution for the last century or so. This has been the pattern of Western history since the Roman Empire and so it seems unlikely that this pattern will change in the near future.
Democracy is the theory that the common people know what they want, and deserve to get it good and hard. -- H.L. Mencken
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises