The Spirit of Karl Marx to the Rescue?

Hat Tip: Free Republic

Marx, Capital, Volume I, Chapter 4 (1867)

Once again, another blatant example of the left’s slavish devotion to the economic philosophy of Karl Marx, and communism in general … Specifically, I’m referring to an article posted on Aug. 29, 2011 at Bloomberg Businessweek by George Magnus entitled “Give Karl Marx a Chance to Save the World Economy: George Magnus.” Magnus writes,

“The spirit of Marx, who is buried in a cemetery close to where I [George Magnus] live in north London, has risen from the grave amid the financial crisis and subsequent economic slump….”

Evidently, Mr. Magnus is convinced only the ghosts of Marx & Engels can save the West from the evils of the Bourgeoisie. Magnus continues his requiem to Marx by claiming the “sooner they [policy-makers] recognize we’re facing a once-in-a-lifetime crisis of capitalism, the better equipped they will be to manage a way out of it.”

A once-in-a-lifetime crisis of capitalism, eh? Never let a good crisis go to waste, huh? Where have we heard that before? Is George giddy over his self-described “once-in-a-lifetime crisis of capitalism?”

Obama and his ilk’s whole meme is the Strategy of Manufactured Crisis. Crisis and chaos is where the Marxist/Leninist philosophy gains its foothold with the so-called “masses.” The Marxist agents of change relentlessly attempt to dupe the masses into believing productivity and competition are an evil invention of the Bourgeoisie designed to enslave. The only way to right this perceived injustice, according to the devoted Marxist, is to confiscate the individual liberties and private property (redistribution) of the Bourgeoisie (i.e. “the rich,” “the middle-class”).

Our modern-day Lazarus goes on to paraphrase Marx’s famous work Das Kapital:

“Consider, for example, Marx’s prediction of how the inherent conflict between capital and labor would manifest itself. As he wrote in ‘Das Kapital,’ companies’ pursuit of profits and productivity would naturally lead them to need fewer and fewer workers, creating an ‘industrial reserve army’ of the poor and unemployed: ‘Accumulation of wealth at one pole is, therefore, at the same time accumulation of misery….'”

An old refrain … if I have a dollar, it means I took it from somebody else. I happen to believe wealth is created and multiplied. Wealth, to me, is not a zero-sum game. One of the most insidious aspects of Marx’s philosophy, in my opinion, was his deep-held belief that those who are self-starters and producers, i.e. individual entrepreneurs, are somehow thuggish taskmasters whose only aim is to reap “profits and rent” off the backs of the “oppressed masses.” i.e. the Proletariat.

“Capitalist production, therefore, develops technology, and the combining together of various processes into a social whole, only by sapping the original sources of all wealth-the soil and the labourer.”

Marx, Capital, Volume I, Chapter 15 (1867)

Marx and the international left are no fans of the individual; naturally, they would eschew the entrepreneur. The progressive concept of unalienable individual rights is scornfully referred to as invidualism.

“Society does not consist of individuals, but expresses the sum of interrelations, the relations within which these individuals stand.”

Marx, The Grundrisse (1857)

The esteemed Mr. Magnus ominously warns of a “over-production paradox.” That’s right! We’re not “consuming” enough, according to Mr. Magnus et al.! The same talking point has been spewed by DNC chief Debbie Wasserman Schultz and other democrat operatives.

Astonishingly, adding over $4 trillion to the national debt in the past three years and running an insane $1.6 trillion-plus deficit is not enough “consumption” for the likes of Magnus and Shultz et ilk. Magnus insists the reason for high unemployment is due to greedy corporations sitting on alleged record profits, while refusing to hire workers and “invest,” i.e. spend, spend, spend! HERE’S AN IDEA … QUIT SPENDING! NO-BRAINER!

The only thing to be reaped by resurrecting the spirit of Karl Marx is the same thing that was reaped in the 20th Century by communism’s spread around the globe–crisis, chaos, conflict, war, death and tyranny on a massive scale–250 million dead!


Magnus, G. (2011, August 29). “Give Karl Marx a Chance to Save the World Economy: George Magnus.” Bloomberg Businessweek.
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About Brent Parrish

Author, blogger, editor, researcher, graphic artist, software engineer, carpenter, woodworker, guitar shredder and a strict constitutionalist. Member of the Watcher's Council and the Qatar Awareness Campaign. I believe in individual rights, limited government, fiscal responsibility and a strong defense. ONE WORD: FREEDOM!
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