[The Slim Reaper]

Originally Posted by MTVN

Have his predictions been proved true? Marx thought capitalism would inevitably fall in quite short order when the workers achieved class consciousness, 150 years on and capitalism is stronger than ever

I guess the current strength of capitalism is decided by the perspective of the individual, because the speed at which wealth disparity is increasing, isn't healthy or the basis of a strong economy in any way.

He was correct about entrefemdung, about insecurity for workers, wealth disparity. As an example, Jeff Bezos has just under 900,000 employees, and if he gave them all a $100,000 bonus tomorrow, he'd have as much money left over as he had at the start of the pandemic, whilst workers are being abused on zero hour contracts, and he was on the money when it came to taxing corporate wealth to benefit society.

He was absolutely bang on when he wrote about capitalism lurching from crisis to crisis and I could go on. I would also argue that class consciousness is still an on-going endeavour, especially when highlighted by the fact that working class people who have achieved upward mobility, are equally liable to look down their noses at the remaining working class. A glance at the Rashford thread will highlight what I mean.