“(Karl Marx is) the most accurate prophet in all of history, there should be no doubt about this.” – Richard Metzger, written on Boing Boing.
I hope the current financial crisis leads to a new generation of people reading Marx and those of us who have read him before should be re-reading him.
As David Harvey says in the below video, the G20 governments are just trying to re-boot the same kind of capitalism we’ve had before which has seen a series of collapses over the last 30 years, each collapse leading to the bankers being bailed out by the taxpayers and walking away scott-free so they can do it all over again, “sticking it to the people”, as Harvey says. Rampant consumerism is to blame for our problems and Marx predicted this 150 years ago. Propping up the old regime isn’t the answer. We need a new model. And we need to start figuring out what that model might be. We need to pressure our leaders to start thinking about it, talking publicly about it, not just propping up the old broken system.
Read Marx’s DAS KAPITAL along with David Harvey here.