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Wednesday, August 12, 2015

Yet another world economic crisis coming- Marx was right

Signs of a coming economic collapse




 Yet another world economic crisis is no surprise for incorrigible Marxists. Was not Karl Marx right all along about the contradictions of capitalism leading it into a final death agony ?
There was so much hubris and arrogance after the collapse of the Soviet Union-which should have validated democratic Socialists. But it made right wing intellectuals half-cracked with insolent self-confidence in THEIR economic philosophy .. Ayn Rand " scholars " showed a haughty contempt even for " bleeding heart liberals ".
And sad to say, the neo-Democrats, like President Obama and Hillary Clinton ,made New Deal FDR look like a flaming Bolshevik.
It is no accident that " socialist " Senator Bernie Sanders of Vermont has just taken the lead in a poll of likely Democratic primary voters in New Hampshire. Now it looks like old Bernie can actually win .How would a Sanders victory there affect global stock markets ? It would signal that even Middle America is fed up with rotten capitalism.

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Ron