This
stock market irrationality is all just " a confidence game " ? Perhaps
the world socialist web site had a better description : " a Ponzi
scheme " . The spirit of Bernie Madoff prevails among the world's
wealthy elite. They don't even want to intelligently exploit " labor "
anymore. They mimic the old Robber Barons. They want to swindle and
plunder, not " create jobs ". Does any economist ever win a Nobel Prize
for repudiating the ethics of global capitalism ? How about a Nobel
Prize in Economics for Pope Francis and the social philosophy of the
Catholic Church ?
But old Karl Marx got it right ? For China and Russia- a back to the ABCs of communism movement ?
But old Karl Marx got it right ? For China and Russia- a back to the ABCs of communism movement ?
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| http://www.wsws.org/en/articles/2015/08/24/pers-a24.html |
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Ron