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Is The West Heading Towards Communism ? - Politics - Nairaland

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Is The West Heading Towards Communism ? by felifeli: 12:49pm On Feb 11, 2009
"Owners of capital will stimulate the working class to buy more and more of
expensive goods, houses and technology, pushing them to take more and more
expensive credits, until their debt becomes unbearable. The unpaid debt will
lead to bankruptcy of banks, which will have to be nationalized, and the
State will have to take the road which will eventually lead to communism"

-Karl Marx, Das Kapital, 1867

Given the details of the US banking bail-out plan , any thoughts?
Re: Is The West Heading Towards Communism ? by cx4g: 12:17pm On Aug 15, 2019
Yes but most likely not now. The US economy is falling and a recession wil be coming very soon, even still, communism probably won't come as a result of that but much later
Re: Is The West Heading Towards Communism ? by MIKOLOWISKA: 1:26am On Aug 16, 2019
I beg to differ
Lazy disillusioned youth are all boring for communists

Karl max was right

But it's a cycle

Capitalism to socialism back to capitalism like China Vietnam east Germany found out the hard way
cx4g:
Yes but most likely not now. The US economy is falling and a recession wil be coming very soon, even still, communism probably won't come as a result of that but much later
Re: Is The West Heading Towards Communism ? by Tianamen1: 2:19am On Aug 16, 2019
felifeli:
"Owners of capital will stimulate the working class to buy more and more of
expensive goods, houses and technology, pushing them to take more and more
expensive credits, until their debt becomes unbearable. The unpaid debt will
lead to bankruptcy of banks, which will have to be nationalized, and the
State will have to take the road which will eventually lead to communism"

-Karl Marx, Das Kapital, 1867

Given the details of the US banking bail-out plan , any thoughts?

In a way, the US government is already run that way. The democrats represent the working class and promote reducing income inequality through increased taxation and government spending on social services like healthcare. It is claimed that the democrats are not good at creating wealth but just distributing it.

As for the American economy, a recession may occur but this is part of the normal business cycle. A recession in many ways presents opportunities to purchase blue chip stocks. That country is resilient and would always bounce back because its strength is in its educated population and its institutions.
Re: Is The West Heading Towards Communism ? by CTPlayer: 2:37am On Aug 16, 2019
No the US has the best economy on the planet.
Re: Is The West Heading Towards Communism ? by leofab(f): 3:52am On Aug 16, 2019
Most strongly hated phenomenon in west

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