Wednesday, July 20, 2011

Would karl marx be laughing about bankrupt capitalist america begging communist china for money?

'Communist China' is no longer communistic ;-), they 'red barons' have tasted the sweet taste of money. The pure capitalistic system applied in the US is however a dangerous system, the financial crisis showed how easy the system can crack. 20 years ago the Warshau pact countries collapsed because their financial system failed and the US was on the verge of a break down, mainly because the US politicians don't see the need to built in rules. The European Union has suffered from the financial crisis but their social policy did not prevent them to grow again. There is an absolute need for the US to built out a better social system. I still don't understand why so many US citizens don't see the advantages of a social system, less poverty, better education, better chances for people to get a degree and to get a job, better infrastructures, better public transportation, better hospitals and MD's, income security,........ So !in a way Karl Marx is right, the pure capitalistic system without built in stabilisators is a system that looks for its own destruction, it is a job of the governement to manage the riscs of of the capitalistic system and to make sure that everybody benefits of the system and that not only the richer get richer and the poor get poorer.

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