nkgupta80
DP Veteran
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- May 31, 2005
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Apparently Marx did not forsee the creation of Labor Unions.......and the resultant redistribution of wealth that they brought about.
The stark disparity between the working class and the elite is no longer a huge chasm but merely a step to the next level brought about by the freedom to be innovative or to be able to obtain a better education that in itself creates more freedom through opportunity.
he did not forsee labor unions... because he did not take into account early government intervention to hinder a communist rise. Most of the industrial countries had huge communist parties. Governments were alarmed by their growth, and instigated certain measures and policies that helped the growth of labor unions and work-place standards. However, the threat is always there.. go lax on certain policies, the class differentiation becomes more apparent, and the workers start banding together in greater numbers.
Those times are history, and there is almost enough oversight and law enforcement (Most of the laws required have already been enacted) to constrain Capitalism. There is still some work to be done but we are almost there.
See, what I was trying to point out is how woudl globalism effect the evolution of our society and economic system. Could our current capitalism really survive in a completely globalized world? You can't deny that there has to always be class differences in the capitalist system (if there weren't class differences, competition would cease to exist, and capitalism would go down with it as well). This point leads to the fact that there HAS to be poor people and filthy rich people in the world to fuel competition and keep capitalism running. That basically means that poverty will never be eliminated right?
Of course poverty is relative, but lets say we get to a point in society where the whole world's economy is globalized, and every single person in the world has the means to afford shelter, food, education, and some form of entertainment (poverty as we know it is bascially eliminated). Then would there really be that cut-throat competition between people to drive capitalism?