Скачать или смотреть Five phenomena of modern capitalism predicted by Marx

"Capitalism's Internal Collapse—Marx's 200th Birthday, 5 Predictions" offers a critical exploration of Karl Marx's critique of capitalism and his predictions for its future. Marx argued that capitalism creates "imaginary desires" for unnecessary commodities, exemplified by the fashion industry and constant releases of new smartphones. He predicted the cyclical nature of economic crises, where overproduction and suppression of wages lead to economic downturns as workers cannot afford the products they make. Marx believed competition would concentrate market power in the hands of a few, leading to monopolies rather than a diverse market of small businesses. He pointed out that capitalism lowers wages to increase profits for the wealthy, resulting in a shrinking middle class and concentration of wealth among a few elites. Despite Marx's assertion that capitalism would eventually destroy itself as people recognize its flaws and revolt, a complete overthrow of capitalism has not yet occurred, sparking debates over the accuracy of his predictions.

This article highlights Marx's critical insights into the tensions between production and consumption, the inevitable concentration of wealth, and the potential for social change driven by systemic contradictions. More than two centuries after Marx's birth, his analysis remains relevant in discussions about economic inequality, market dynamics, and the search for alternative socio-economic models.