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The Crisis of Capitalism

  • Posted by Karl Deeter on 8 July 2010 - Leave a Comment - Printer Friendly Version
  • Marxism is a farce, but this video is still pretty good in my opinion because it taps into the mega-trend which I believe in whereby wages stopped rising in the 70’s, money supply increased, credit replaced income, and life was kept affordable by getting cheap products made overseas which all lead up to the macro-imbalances of today. Of course, it isn’t that simple but those could be chapter titles.

    In this video the call society to becoming ‘anti-capitalist’ is not backed up by anything of substance, the solution in capitalism for excessive control of capital already exists, its called ‘taxation’.

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