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Nairaland Forum / Nairaland / General / Politics / Is The West Heading Towards Communism ? (947 Views)
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Is The West Heading Towards Communism ? by felifeli: 12:49pm On Feb 11, 2009 |
"Owners of capital will stimulate the working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalized, and the State will have to take the road which will eventually lead to communism" -Karl Marx, Das Kapital, 1867 Given the details of the US banking bail-out plan , any thoughts? |
Re: Is The West Heading Towards Communism ? by cx4g: 12:17pm On Aug 15, 2019 |
Yes but most likely not now. The US economy is falling and a recession wil be coming very soon, even still, communism probably won't come as a result of that but much later |
Re: Is The West Heading Towards Communism ? by MIKOLOWISKA: 1:26am On Aug 16, 2019 |
I beg to differ Lazy disillusioned youth are all boring for communists Karl max was right But it's a cycle Capitalism to socialism back to capitalism like China Vietnam east Germany found out the hard way cx4g: |
Re: Is The West Heading Towards Communism ? by Tianamen1: 2:19am On Aug 16, 2019 |
felifeli: In a way, the US government is already run that way. The democrats represent the working class and promote reducing income inequality through increased taxation and government spending on social services like healthcare. It is claimed that the democrats are not good at creating wealth but just distributing it. As for the American economy, a recession may occur but this is part of the normal business cycle. A recession in many ways presents opportunities to purchase blue chip stocks. That country is resilient and would always bounce back because its strength is in its educated population and its institutions. |
Re: Is The West Heading Towards Communism ? by CTPlayer: 2:37am On Aug 16, 2019 |
No the US has the best economy on the planet. |
Re: Is The West Heading Towards Communism ? by leofab(f): 3:52am On Aug 16, 2019 |
Most strongly hated phenomenon in west |
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