Quote from: Hawker on May 14, 2013, 06:20:30 PM

Quote from: Alpaca John on May 14, 2013, 06:13:41 PM

Quote from: Hawker on May 14, 2013, 05:45:47 PM

Quote from: myrkul on May 14, 2013, 05:33:18 PM

Quote from: Richy_T on May 14, 2013, 05:06:31 PM

Quote from: Adrian-x on May 14, 2013, 04:49:25 PM

3) If you think of the New World in Historical terms, the world that materialised out of the monarchies and dynasties of Europe and Asia, then America and Australia are classic examples of the New World. The reins of powered are very much rooted in the central banks of the world. We are living in the New World now it isn't a conspiracy, the next world order "the conspiracy theories hype" won't be calling it the new world order, it'll have a new name. We are in the New World now, and it has an Order to it that isn't working to the benefit of the people, and can't be changed through democratic processes, so no need to call it conspiracy, it is fact.

Not to feed into conspiracies but it is not (new world) order but rather new (world order). A change in the way the world is run.

The point is the same. It's not a conspiracy, it's just plain facts. The world is being run by an international oligarchy.

I know what you mean. I spent time in Singapore and London - the class of people who live at the top there have no country or race. They have billions in capital and are free to live off their investments close to tax free while their maids pay taxes.

Question is; isn't that how capitalism is meant to work? People who inherit capital live tax free off investments. Their investments create jobs for the peons. The peon's salaries create demand for products which leads to economic growth. All seems to be working as planned.

Yes. it's exactly what Marx predicted would happen.

http://en.wikipedia.org/wiki/Karl_Marx#Economy.2C_history_and_society

Marx got a lot right in terms of analysis. Its the politics he got wrong - he didn't expect the middle class to split and the working class to join in the split endlessly voting in alternative middle class parties.

Yeah, contrary to popular belief (especially within the US) it's pretty much accepted within the academic world that Marx' theory on economics and scarsity was right. Just like those of Adam Smith and Malthus were probably right. Three models, moreover, that are in fact not contradictory, but can supplement each other. Again, contrary to popular belief.

I don't think Marx mentioned a middle class at all though, did he? (Correct me if I'm wrong.)

You could of course argue that this makes him wrong on the politics, which might indeed be the case.

Alternatively however, you could argue that his original theory is simply still in the works. The middle class seems to be disappearing if we carry on like we are doing right now. And when I hear about the envisioned ideals of a lot of AnCaps within the bitcoin community, what I hear is exactly what Marx described as the 'capitalist phase'. Although a lot of AnCaps don't seem to realise this, of course...