“There’s nothing “normal” about having a middle class. Having a middle class is a choice that a…”

“There’s nothing “normal” about having a middle class. Having a middle class is a choice that a society has to make, and it’s a choice we need to make again in this generation, if we want to stop the destruction of the remnants of the last generation’s middle class. Despite what you might read in the Wall Street Journal or see on Fox News, capitalism is not an economic system that produces a middle class. In fact, if left to its own devices, capitalism tends towards vast levels of inequality and monopoly. The natural and most stable state of capitalism actually looks a lot like the Victorian England depicted in Charles Dickens’ novels.”

The Middle Class Is Not ”Normal” (via azspot)

I remember an anecdote a political theory professor related to our class back in the day: He’d been bantering with a group of his colleagues in the corridors of Bunche Hall, and at one point one of them asked, “Oh, Professor X, when are you going to stop clinging to your quaint 19th-century ideas about Marxism?” To which he’d replied, “As soon as you stop clinging to your quaint 16th-century ideas about private property.”

Reposted from http://ift.tt/1hRnTns.

Tags: marxism, capitalism, i studied political theory for four years and all I got was this lousy anecdote.

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