Good essay Boots. Well Marx was not completely wrong, he was just a bit premature in his ejaculations. Seriously, Capitalism, especially at the all wank, all the time stage, really does "sows the seeds of its own destruction". Unfortunately none of the isms (including libertarianism and anarcho-capitalism ) has a clue what to do about the "Iron Law of Oligarchy" (aside from promoting it to the hilt via Neofeudalism). Democratic capitalism with a bit of socialism was supposed to provide the answer, but the Oligarchs/Wankers made short work of that. They only allowed socialism for the rich and free enterprise for the poor. And, of course, by funding fascism (both "inverted' and now reverted. Have you been working on your goose step? Seriously, check out: https://medium.com/@daneke/slouching-toward-untopia-bf0a92f9d595

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Greg Daneke, Emeritus Prof.
Greg Daneke, Emeritus Prof.

Written by Greg Daneke, Emeritus Prof.

Top Economics Writer, Gov. service, corp consulting, & faculty posts (e.g., Mich., Stanford, British Columbia). Piles of scholarly pubs & occasional diatribes.

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