Even Karl Marx respected the rich more than Rachel Reeves
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From the Telegraph website. They have a paywall.
Even Karl Marx respected the rich more than Rachel Reeves
Labour’s attack on wealth reflects a secularised, bastardised version of Christian moralityhttps://www.telegraph.co.uk/money/tax/karl-marx-respected-rich-more-rachel-reeves/
Similar article this time by The Times. Rather than start another thread…
Again The Times has a paywall.Rich List tycoons tell Rachel Reeves her tax will kill family firms
These disgustingly rich people certainly have a high opinion of themselves. They call themselves “wealth creators”. But wealth can only be created by applying human labour to materials that originally came from nature. They may have worked long and hard but only at wheeling and dealing to amass wealth for themselves created by others, workers by hand and brain.
Any chance of anyone finding the full text of the Daily Torygraph article. The start sounds as if it might be interesting.
Karl Marx and Engels never worshipped the capitalist class, and they never thought that the working class was going to worship their own exploiters. During the time of Marx reactionaries workers used to be called lumpenproletariat
Thanks. But what a mish-mash of “vulgar Marxism” — the tendency of the rate of profit to fall becomes an iron law which results in less and less profits so the capitalists have to squeeze the workers more, so much that in the end the workers rise up and overthrow capitalism !
It is true that Marx did regard capitalism as historically necessary and, for a while until the material basis for a socialist society had been built up, historically progressive. His attitude to capitalists (as opposed to capitalism) is spelt out in the preface to the first German edition of Das Kapital:
“To prevent possible misunderstanding, a word. I paint the capitalist and the landlord in no sense `couleur de rose. But here individuals are dealt with only in so far as they are the personifications of economic categories, embodiments of particular class-relations and class-interests.“
Personifications of capital is what they are, whatever they themselves — and hack journalists — might think they are. The process of capitalist accumulation increases wealth. They are merely its expropriators.
As to the Labour Party and its present leaders. They simply accept capitalism as it is and get on with complying with its economic laws.
@citizenoftheworld Thx for that, I couldn’t think of a way to post this article in full.
What the author of the article fails to mention as he (says Marx) eulogises about the exponential increase under capitalism (which solely he attributes it to capitalists) of productive output, capitalism has its opposite, the over supply of the ‘market’s’, leading to capitalism going into periodic
economic ‘crisis’. This happens every 10 years or so now. That capitalism is a fetter on the productive forces it created!!The REAL entrepreneurs are Socialists, we want to unleash the productive forces.
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