Karl Marx was correct about these ill-affects of capitalism

November 12, 2014 | By | Reply More

Rolling Stone points out that, despite some huge problems with his proposed solutions, Marx was correct about these ill-effects of capitalism.

1. Capitalism’s Chaotic Nature

2. Imaginary Appetites

3. The Globalization of Capitalism

4. Monopoly

5. The Reserve Army of Industrial Labor

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Category: Economy, income disparity, Labor and Working Conditions, Monopolies-Antitrust Issues, Political Science, Politics

About the Author ()

Erich Vieth is an attorney focusing on consumer law litigation and appellate practice. He is also a working musician and a writer, having founded Dangerous Intersection in 2006. Erich lives in the Shaw Neighborhood of St. Louis, Missouri, where he lives half-time with his two extraordinary daughters.

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