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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Ilaine who wrote (130706)5/4/2004 1:32:29 PM
From: Neocon  Read Replies (1) | Respond to of 281500
 
Marx thought that capitalism would increasingly pauperize the working class, and that management would increasingly divide between those managing affairs for the capitalists, and those who engaged in productive activity. Eventually, the uselessness of the capitalists and their agents would become apparent, and the misery of the working class, and sense of solidarity among productive, would lead to a socialist revolution, and eventually communism.

However, Marx speculated that a country like the United States might avoid revolutionary turmoil by the evolution of democracy to permit changes favorable to the interests of workers, and that became the favored course of conventional socialist parties in emerging democracies, as opposed to the Communists, who still assumed that revolution or subversion would be necessary in the long run, because the capitalists would merely coopt the working class, ameliorating its condition enought to avoid revolution.

In fact, the rising tide did lift all boats, since the productivity created by the industrial revolution and the rise of technology was unprecedented, and sharply increased the value of labor; since the diversification of the economy, the rise of technology, and the universalization of schooling made skilled labor more valuable; since the basis of the new economy, namely mass production, required a living wage to absorb manufactured goods and services; and since the expansion of the franchise ensured that the interests of the working class would be taken into account within the emergent democracies.