Monday, January 12, 2009
According to Karl Marx's Communist Manifesto, capitalism requires larger markets, newer supplier and more consumers. Thus, as industry grew so did capitalism, launching an expansion that would envelope the globe, interconnecting individuals and organizations worlds apart. In truth, the Republic that capitalism fosters destroys the Feudal classes the 17th and 16th century. As Marx says, capitalism has “torn asunder the motley feudal ties that bound man to his natural superiors”. But while Marx says this fuels “callous” self-interest, I say it fuels community. In a capitalist society, contrary to the opinions of both Marx and Karl Polyani, people do not look at one another as though they have a price on their foreheads. Rather, in a capitalist republic, society must look inward and ask how much can they be worth to others. What can one person offer to someone else? It is because of the inwardly reflective nature of a capitalist society that people choose to strive for more, to extend themselves, learn more, and improve their own self worth; not to be viewed as more valuable by others, but to know that there is more they can offer to the rest. In a way what I mean is that the ideology Marx seems to detest so much cultivates progress, the kind of progress that destroys the barriers that may have otherwise have separated peoples of all races and religions. Free markets do not see skin color or heritage; they see opportunity, opportunity that has in recent history brought people closer together.
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I appreciate your thoughtful response to Marx and Polyani. Often, critics simply dismiss their analyses. That seems irresponsible to me, since their ideas have had such a deep influence on our world. We need to engage them constructively.
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