Comments by "Curious Crow" (@CuriousCrow-mp4cx) on "Communism is Infiltrating The World BECAUSE of Economics" video.

  1. Peron was a fan of Franco, so he was no Marxist. And our universities are not breeding radicals on both left and right, our failing economic system is. And, it's imperfections are known. But, it's the failure of its winners to ameliorate them that is at fault. Humans are imperfect creatures, and what we create has flaws as a consequence of our limitations. But that isn't a problem if those shortcomings are addressed promptly. The fact that we're still discussing Marx's critique in the 21st century, speaks volumes. Our sloth in addressing those shortcomings Marx highlighted, reflects our short-sightedness. Solutions are possible, but currently ignored or kicked down the road, leaving room for the radicals to spring up like weeds. Wealth inequality is Capitalism's kryptonite. Fix that, and the radicals will disappear.
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  2. Talking about Marxism and Socialism is identifying the sneeze as the problem, instead of the cold one has. Economics falls into the same trap by focusing on wealth maximisation without considering how it is to distributed amongst those that created the conditions for it to be achieved. By ignoring the fact that such a question exists, economics as predominantly practised, runs out of road as a guiding framework. It's impotence allows room for radical ideologies to take root on both the right and the left. Marxism, communism, socialism on the left, and Fascism on the right, are responses to the now-glaring contradictions and inadequacies of capitalism as practised, which are increasing, as wealth inequality - the failure of adequate distribution of income across the income distribution increases over time. Distribution is the bit of the real world economy modern Economics swerves, leaving populist politics to pick up the ball. That where we are right now. Marc's critique of capitalism is still relevant because it describes its problems. Whether or not Marx's perscriptions for addresing them are helpful, is not the biggest problem. It's whether his critique is valid or not, and that is a moral question. Wealth is fetishized, whilst children go to bed hungry in the wealthiest countries in the world in the 21st century. People are homeless, whilst being employed full-time, and the S & P goes to all time highs. And the more the winners try to persuade everyone everything is fine, the more they give space for radical ideologies. The book "Angrynomics" by Mark Blyth and Eric Lonegan describes the deficit and prescribes solutions that would head off at the pass the growing radicalisation. It's worth a read.
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