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Red Dog's Avatar Jump to comment 27 by Red Dog

Comment 26 by kraut :

Regarding "Even though I think Marx got some things right I don't agree with the Marxist ideology that corporations have no redeeming feature" ...Marx was very clear about the fact that only Capitalism freed people from feudalism and a chance towards economic and political freedom. Marx clearly said that "communism", the common ownership of the means of production can can only be achieved when Capitalism is at it's peak, when the ownership of the means of productions is in very few hands and the realm of the economy cannot be distinguished from the realm of politics.

What Marx understood is that real democracy can only be achieved when the economy is also democratized. And that is the crucial point in Marxist thinking, nothing else. There is no political democracy possible when the economy is privatized. And the recent history alone has clearly shown how true that is.

I'm no Marxist (as I guess is obvious) but didn't he also support the notion of the "dictatorship of the proletariat"? Or was that a later evolution from people like Lenin? Because whoever came up with that idea, for me that is the single biggest mistake. Its the idea that somehow once you put power into the hands of a new group that you won't get the same corruption that you get with any other group that has unchecked power.

As bad as capitalist democracy is, the checks and balances it has and the power given to everyone via elections are essential to any system. Without them sooner or later (and usually sooner) some strongman will emerge who is more ruthless at working the bureacracy and will subvert it for his own power.

Also, I don't completely agree with the idea that the economy can or should be "completely democratized". I think there is a lot of good about the competition in the capitalist system. The main thing is to keep capitalism in check via laws on environment, business, the ability of corporations to subvert democracy, etc.

Mon, 22 Aug 2011 16:11:30 UTC | #863224