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Why Marx is man of the moment (Soros praises Marxism, scorns 'market fundamentalism')
The Observer ^ | July 17, 2005 | Francis Wheen

Posted on 07/17/2005 5:53:14 PM PDT by Tailgunner Joe

A penniless asylum seeker in London was vilified across two pages of the Daily Mail last week. No surprises there, perhaps - except that the villain in question has been dead since 1883. 'Marx the Monster' was the Mail's furious reaction to the news that thousands of Radio 4 listeners had chosen Karl Marx as their favourite thinker. 'His genocidal disciples include Stalin, Mao, Pol Pot - and even Mugabe. So why has Karl Marx just been voted the greatest philosopher ever?'

The puzzlement is understandable. Fifteen years ago, after the collapse of communism in Eastern Europe, there appeared to be a general assumption that Marx was now an ex-parrot. He had kicked the bucket, shuffled off his mortal coil and been buried forever under the rubble of the Berlin Wall. No one need think about him - still less read him - ever again. 'What we are witnessing,' Francis Fukuyama proclaimed at the end of the Cold War, 'is not just the ... passing of a particular period of postwar history, but the end of history as such: that is, the end point of mankind's ideological evolution.'

But history soon returned with a vengeance. By August 1998, economic meltdown in Russia, currency collapses in Asia and market panic around the world prompted the Financial Times to wonder if we had moved 'from the triumph of global capitalism to its crisis in barely a decade'. The article was headlined 'Das Kapital Revisited'.

Even those who gained most from the system began to question its viability. The billionaire speculator George Soros now warns that the herd instinct of capital-owners such as himself must be controlled before they trample everyone else underfoot. 'Marx and Engels gave a very good analysis of the capitalist system 150 years ago, better in some ways, I must say, than the equilibrium theory of classical economics,' he writes. 'The main reason why their dire predictions did not come true was because of countervailing political interventions in democratic countries. Unfortunately we are once again in danger of drawing the wrong conclusions from the lessons of history. This time the danger comes not from communism but from market fundamentalism.'

In October 1997 the business correspondent of the New Yorker, John Cassidy, reported a conversation with an investment banker. 'The longer I spend on Wall Street, the more convinced I am that Marx was right,' the financier said. 'I am absolutely convinced that Marx's approach is the best way to look at capitalism.' His curiosity aroused, Cassidy read Marx for the first time. He found 'riveting passages about globalisation, inequality, political corruption, monopolisation, technical progress, the decline of high culture, and the enervating nature of modern existence - issues that economists are now confronting anew, sometimes without realising that they are walking in Marx's footsteps'.

Quoting the famous slogan coined by James Carville for Bill Clinton's presidential campaign in 1992 ('It's the economy, stupid'), Cassidy pointed out that 'Marx's own term for this theory was "the materialist conception of history", and it is now so widely accepted that analysts of all political views use it, like Carville, without any attribution.'

Like Molière's bourgeois gentleman who discovered to his amazement that for more than 40 years he had been speaking prose without knowing it, much of the Western bourgeoisie absorbed Marx's ideas without ever noticing. It was a belated reading of Marx in the 1990s that inspired the financial journalist James Buchan to write his brilliant study Frozen Desire: An Inquiry into the Meaning of Money (1997).

'Everybody I know now believes that their attitudes are to an extent a creation of their material circumstances,' he wrote, 'and that changes in the ways things are produced profoundly affect the affairs of humanity even outside the workshop or factory. It is largely through Marx, rather than political economy, that those notions have come down to us.'

Even the Economist journalists John Micklethwait and Adrian Wooldridge, eager cheerleaders for turbo-capitalism, acknowledge the debt. 'As a prophet of socialism Marx may be kaput,' they wrote in A Future Perfect: The Challenge and Hidden Promise of Globalisation (2000), 'but as a prophet of the "universal interdependence of nations" as he called globalisation, he can still seem startlingly relevant.' Their greatest fear was that 'the more successful globalisation becomes the more it seems to whip up its own backlash' - or, as Marx himself said, that modern industry produces its own gravediggers.

The bourgeoisie has not died. But nor has Marx: his errors or unfulfilled prophecies about capitalism are eclipsed and transcended by the piercing accuracy with which he revealed the nature of the beast. 'Constant revolutionising of production, uninterrupted disturbance of all social conditions, everlasting uncertainty and agitation distinguish the bourgeois epoch from all earlier ones,' he wrote in The Communist Manifesto.

Until quite recently most people in this country seemed to stay in the same job or institution throughout their working lives - but who does so now? As Marx put it: 'All that is solid melts into air.'

In his other great masterpiece, Das Kapital, he showed how all that is truly human becomes congealed into inanimate objects - commodities - which then acquire tremendous power and vigour, tyrannising the people who produce them.

The result of this week's BBC poll suggests that Marx's portrayal of the forces that govern our lives - and of the instability, alienation and exploitation they produce - still resonates, and can still bring the world into focus. Far from being buried under the rubble of the Berlin Wall, he may only now be emerging in his true significance. For all the anguished, uncomprehending howls from the right-wing press, Karl Marx could yet become the most influential thinker of the 21st century.


TOPICS: Editorial; Foreign Affairs; News/Current Events; United Kingdom
KEYWORDS: americahaters; anarchists; bushhaters; campuscommies; communists; leninists; letistagenda; marxists; radicalleftists; socialists; sorelosers; soros; stalinists
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1 posted on 07/17/2005 5:53:14 PM PDT by Tailgunner Joe
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To: Tailgunner Joe

unbeliebable.


2 posted on 07/17/2005 5:54:06 PM PDT by ken21 (it takes a village to brainwash your child + to steal your property! /s)
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To: ken21
unbeliebable.

Absolutely. My beeber is stuned!

3 posted on 07/17/2005 5:56:00 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: Tailgunner Joe

Says the billionaire.


4 posted on 07/17/2005 5:57:24 PM PDT by SteveMcKing
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To: Tailgunner Joe

Marx is man of the moment. That moment was 1917. The nation was Russia in the early throws of a brave new world.

Soros, you sorry ass.


5 posted on 07/17/2005 5:58:23 PM PDT by DoughtyOne (US socialist liberalism would be dead without the help of politicians who claim to be conservative.)
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To: Tailgunner Joe

i just don't get it.

i come across people like this all the time in academia. in their case, usually they know nothing about economics.

but in soros' case, he's financially successfully by means of capitalism.

the only thing that makes sense about these people is that they want to be in control, they want to control others, and many others want to be controlled by them. stupid.


6 posted on 07/17/2005 5:59:13 PM PDT by ken21 (it takes a village to brainwash your child + to steal your property! /s)
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To: Tailgunner Joe
This from a man who claims to admire Karl Popper, who hated communist BS with a passion.
7 posted on 07/17/2005 5:59:19 PM PDT by JasonC
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To: JasonC

Didn't Soros study with Popper?


8 posted on 07/17/2005 6:00:12 PM PDT by Borges
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To: Tailgunner Joe

My God. WHEN is this country going to wake up to the danger of people like this? The man is an avowed socialist and admirer of Marx.

I guess in a country where people wear a t-shirt with a slimeball like Che Guevera on it, we should not be surprised to hear of people so aligned with the Democratic party as Soros.


9 posted on 07/17/2005 6:00:43 PM PDT by rlmorel ("Innocence seldom utters outraged shrieks. Guilt does." Whittaker Chambers)
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To: Tailgunner Joe

"Even those who gained most from the system began to question its viability. The billionaire speculator George Soros now warns that the herd instinct of capital-owners such as himself must be controlled before they trample everyone else underfoot. 'Marx and Engels gave a very good analysis of the capitalist system 150 years ago, better in some ways, I must say, than the equilibrium theory of classical economics,' he writes. 'The main reason why their dire predictions did not come true was because of countervailing political interventions in democratic countries. Unfortunately we are once again in danger of drawing the wrong conclusions from the lessons of history. This time the danger comes not from communism but from market fundamentalism.' "

====

Just a few days ago I saw a post of someone who said that Democrats are communists in disguise or something like that. Another posted posted a long post explaining that Democrats are not communists at all and calling them that is simplistic and wrong. Too bad I don't remember the names of the posters, so I could ping them both, and ask the second poster how does he explain Soros' comments.


10 posted on 07/17/2005 6:01:07 PM PDT by FairOpinion
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To: grey_whiskers


11 posted on 07/17/2005 6:02:34 PM PDT by LibertarianInExile ("Property must be secured or liberty cannot exist." -- John Adams. "F that." -- SCOTUS, in Kelo.)
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To: DoughtyOne; Tailgunner Joe

"So why has Karl Marx just been voted the greatest philosopher ever?'"

Proving once again that marxist are the dirtiest POS liars ever and should be dealt with in ways I cannot say on this forum.

Did anyone see the actual story? THIRTY THOUSAND PEOPLE PARTICIPATED, give me a f'n break!!! That doesnt stop these leftist degenerate scumbags from using it as propaganda though.


12 posted on 07/17/2005 6:02:40 PM PDT by Stellar Dendrite (Support George Allen in 08!)
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To: Tailgunner Joe

Idiots.

Most of the game statements about capitalism creating the seeds of its decline where more accurately identified with Schumpeter, who by the way was one of the best of many Marx debunkers.

Apparently Marx was 'so accurate' in describing capitalism, he failed to refute the false 'iron law of wages' and concocted his mistaken labor theory of value, ignoring the role of capital entirely as a form of value. The whole edifice of communist hate of capitalism is based on that lie.

This fawning write-up is from an idiot journalist who knows no better. The illogic is so superficial: Marx was a critic of capitalism; there are valid criticisms of capitalism; therefore Marx was right.


13 posted on 07/17/2005 6:03:22 PM PDT by WOSG
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To: DoughtyOne

btw i LOVE your tagline!!!


14 posted on 07/17/2005 6:03:55 PM PDT by Stellar Dendrite (Support George Allen in 08!)
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To: Tailgunner Joe
"The result of this week's BBC poll suggests that Marx's portrayal of the forces that govern our lives - and of the instability, alienation and exploitation they produce - still resonates, and can still bring the world into focus."

I won't even bother to search for that BBC poll, as I'm sure the leftists at BBC front loaded it to ensure a pro-Marxist outcome.

15 posted on 07/17/2005 6:06:02 PM PDT by DJ Taylor (Once again our country is at war, and once again the Democrats have sided with our enemy.)
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To: Borges
Yes he did. And he named his charities after Popper's ideal of an "open society". The book was called "the open society and its enemies", and "its enemies" most definitely included communists peddling their marxist bilge. He also hated the way ideologues create impenetrable webs of explanation that resist falsification by actual data, hated theories that are wrong but refuse to die, hated people who clinge to their past mistakes and patch them up with band-aids instead of just honestly admitting their were wrong and changing their minds. Popper is spinning in his grave at these remarks, and Soros should be ashamed of himself.
16 posted on 07/17/2005 6:06:32 PM PDT by JasonC
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To: Tailgunner Joe
SOROS:

Socialist Overlord Rigging Our System

17 posted on 07/17/2005 6:07:08 PM PDT by xcamel (Deep Red, stuck in a "bleu" state.)
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To: rlmorel
Isn't it interesting that the democrats deny what they stand for, but people like Soros still nestle up close to bask in the glare of that shared red glow.

Although the members of A.N.S.W.E.R. deny they like the democrats anymore than the republicans, I'll leave it to any sane person to figure out which they vote for.

Moveon.org, DU, the list of people who side with the democrats or vise versa, is very enlightening.

So is listening to democrat talking points, particularly when they unmistakably mirror what al Qaida or Taliban members would hope for.

We do have a national cancer folks and it's metastasizing.
18 posted on 07/17/2005 6:07:52 PM PDT by DoughtyOne (US socialist liberalism would be dead without the help of politicians who claim to be conservative.)
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To: Tailgunner Joe

And this guy claims to be a disciple of Karl Popper.


19 posted on 07/17/2005 6:09:05 PM PDT by Cosmo (Liberalism is for girls)
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To: Tailgunner Joe
Far from being buried under the rubble of the Berlin Wall, he may only now be emerging in his true significance.

Ha ha. Dream on, lefties, dream on.

20 posted on 07/17/2005 6:10:05 PM PDT by T. Buzzard Trueblood ("...there was a relationship between Iraq and al Qaeda." - Thomas Kean, chairman, 9/11 Commission)
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