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← Arguably: Essays by Christopher Hitchens

Graxan's Avatar Jump to comment 23 by Graxan

Comment 4 by msbav8r :

Comment 2 by Red Dog :

"Hitchens even looks at the recent financial crisis and argues for arthe enduring relevance of Karl Marx."

First, note there is a typo in that sentence: "for arthe". I would be interested to read what he says on this (and on everything else, I don't always agree with Hitchens but he has an amazing mind and ability with words that I envy).

IMO Marx was clearly wrong in many ways, for example thinking what he was doing was science without really applying the scientific method. And he has been misinterpreted and abused by plenty of tyrants. But he also had some very interesting things to say that people at least in the US virtually ignore because to ever quote Marx brands you instantly as a far left loon. His description of the cyclical nature of capitalism and how corporations will tend toward more and more mergers with fewer, bigger ones dominating the world seems pretty accurate to me. Yet, the exponential growth of government and the absolute destruction of the economy, by it's insatiable appetite for taxpayer money and incestuous relationships that foster the very conditions you mention, is never brought up by those who laud Marx.

The domination of large companies, is SOLELY the result of bribery of elected officials, who trade favorable tax code and legislation for campaign contributions.

The big difference between the government and the corporations is that corporations don't have the power to deprive you of liberty and freedom if you don't purchase their products. Remember, corporations can't affect laws without corrupt, complicit politicians.

This is bad urgument. What about meteoric rises by companies who just had the right product? I'm thinking particularly of IT companies. Facebook, Google. etc. While they are no doubt well established now, I very much doubt they became dominant through bribing public officials.

Your argument is true but only discusses one facet of the picture in the business world.

Mon, 22 Aug 2011 11:45:30 UTC | #863171