The middle class in the US has the life they do because of the exploitation of workers and resources in the global south. If the US was prevented from doing that the comfortable middle classes would see their living standards drop like a stone balloon. And in Marx's day, this was just as true only it was more from exploitation of domestic workers.
If there IS something Marx failed to consider, it's how much the wealth generated by capitalism comes from stealing from the future i.e. environmental destruction and climate change. So much of our economic growth the last 200+ years comes from burning fossil fuels, which is really just making current and past generations wealthy at the expense of future ones. Literally just stealing wealth from our descendants.
So how to deal with people who tell me that Marx failed to account for the middle class and their glorious life in the US now?
The middle class in the US has the life they do because of the exploitation of workers and resources in the global south. If the US was prevented from doing that the comfortable middle classes would see their living standards drop like a stone balloon. And in Marx's day, this was just as true only it was more from exploitation of domestic workers.
If there IS something Marx failed to consider, it's how much the wealth generated by capitalism comes from stealing from the future i.e. environmental destruction and climate change. So much of our economic growth the last 200+ years comes from burning fossil fuels, which is really just making current and past generations wealthy at the expense of future ones. Literally just stealing wealth from our descendants.
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