Is Marxism relevant again?

[Dr Evil]

I think this sums up everything I have been thinking;

http://gdaeman.blogspot.com/20.....-fail.html


The premise being that capitalism eventually leads to overproduction, the export of jobs to slave states and the consequent collapse of consumption except for a small elite in the developed world, as workers lose productive jobs. Capitalism is, in effect, programmed for self-destruction after initial progress.
I might add that automation and robotics will accelerate this process.

Since we now live in a Murdocracy, violent revolution will be the only correction of this process. Gut an economy of all productive industry and produce a huge underclass even including highly educated workers, declare war on them on behalf of the landlord class, and bad things happen.
Revolution will eventually come to the USA, but will be delayed by racialised politics until the white (former) middle classes end up in the ghetto as well.

[moses (2)]

violent revolution will be the only correction of this process. Gut an economy of all productive industry and produce a huge underclass even including highly educated workers, declare war on them on behalf of the landlord class, and bad things happen.
Revolution will eventually come

sounds like Ireland in 1916