Thursday, December 07, 2017

UNDERSTANDING KARL MARX, CAPITALISM AND SOCIALISM

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SOVIET COMMUNISM COLLAPSED, BUT KARL MARX REMAINS EXTREMELY RELEVANT......HERE IS AN EXCELLENT CONVERSATION ABOUT CAPITALISM, COMMUNISM AND SOCIALISM. (NATIONALISM NOT DISCUSSED) WE NEVER LEARNED AT SCHOOL

For those with honestly curious and open minds, here is a clear and profound conversation --without the technical jargons-- of Marxist economic analysis and solutions to the contradictions of the capitalist system and its end-game.
Unfortunately and sadly, in our homeland Philippines we native Filipinos immediately equate socialism with communism; thanks to our Americanized educational system that helps perpetuate our "colonial mentality" and unquestioningly beholden to anything American; and our blind faith in the Catholic Church that makes us oppose any secular ideas.
Thus, we native Filipinos as a people, despite our rich country, have/are still very poor and forever praying that God fix our national problems. We have been ignored by God, then and now.
We native Filipinos never had the opportunity or desired to learn, know and understand; but just conditioned to automatically reject these two ideologies. Not ever realizing that most of the western world and others know and have both represented in their societies.
From my readings and several travels to Europe, I feel and think the "Scandinavian variety" of Socialism shows the best results of this applied ideology.
I add that whichever economic system in a country/nation, nationalism expressed through strong national consciousness and unity facilitates the system to function for the "common good.'"




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UNDERSTANDING MARXISM AND SOCIALISM

Despite a concerted effort by the U.S. Empire to snuff out the ideology, a 2016 poll found young Americans have a much more favorable view of socialism than capitalism. Though he died 133 years ago, the analysis put forward by one of the world’s most influential thinkers, Karl Marx, remains extremely relevant today. The Empire’s recent rigged presidential election has been disrupted by the support of an avowed socialist, Bernie Sanders, by millions of voters. To find out why Marx’s popularity has stood the test of time, Abby Martin interviews renowned Marxist economist Richard Wolff, Professor Emeritus of Economics at UMass - Amherst, and visiting professor at the New School in New York. Prof. Wolff gives an introduction suited for both beginners and seasoned Marxists, with comprehensive explanations of key tenets of Marxism including dialectical and historical materialism, surplus value, crises of overproduction, capitalism's internal contradictions, and more.


About Prof. Richard Wolff: http://www.rdwolff.com/about


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