Thursday, January 26, 2012

Can you give a Marxist interpretation of the financial crisis of the moment?

I found this article which gives some tidbits- http://www.thenational.ae/article/200809鈥?/a>



Is there anything you can add?Can you give a Marxist interpretation of the financial crisis of the moment?Marxist sustain that capitalism each some years produce financial and economical crisis cause by a big contradiction overproduction in a context of sub consume. Marxist project an increasing of poor in all the world (not only in US) that will break the system on its structures (驴world trade center attack?), following Marxist, the reaction of rich is create an empire to dominate the world and exterminate all the poor that will be revels and can maintain the domination. But Marxist say too it is impossible to contain all the mass of poor, even with increasing focused technology of destruction, and the final result is the break of capitalist system.



The present financial crisis is seen by a Marxist like another crisis more that will accelerate the revolution or down of capitalism.



Marxism is founded on Hegelian philosophy, which is a lot different to the positive philosophy, those which guide the research in physics, chemistry and others...these scheme of thought have demonstrated to be very good for diagnosis but bad for actions. Marxist governments had proved not to be good in reach prosperity...the exception comes from Russia in '30 decade where a country of farmers reach level of industrialization, good standard of living, technology advances too high...some historian explain this fact by a regime of terror did implement by Stalin where the price of a mistake could be the life...this proposition have not been demonstrated and maybe only is a syntom of frustration of historian...

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