"News that's not known, or not known enough." Helen & Harry Highwater's cranky weblog of news and opinion.

|  Home  |  About us  |  Contact us  |  Daily headlines  |  Dialogue  |  Guidelines  |  Index  |  Mystery links  |  Stickers & stuff  | Commentary   by   Leon   Fisher Mr FISHER's PREVIOUS COLUMN       LATEST COLUMN       NEXT COLUMN

Capitalism is dying, and good riddance by Leon Fisher, Unknown News leonjfisher@webtv.net       July 27, 2008 With the fall of the Soviet Union in the early 1990s, it appeared that the critics of Communism/ Marxism had been right all along, that Socialism was unworkable and doomed to failure. You would have to agree with these conclusions, had it not been for the fact that what had collapsed was not what Marx had in mind. What had started out as a socialist revolution based on Marxist ideas, that of taking the power of the state away from the minority of ruling elites and putting it into the hands of the workers, looked as though it might succeed. However, in the years of turmoil and chaos which followed the revolution, and despite the claims of the Soviet leadership, the goal of a true Marxist state was never achieved. Instead the revolution which held such promise for the common man fell into the hands of a collection of ruthless, power hungry thugs masquerading as socialists, establishing a police state even more oppressive than that of the Tsar. Nor would the sweat of their labor benefit the working man as Marx had intended, the fruit of the labor of the masses going instead to perpetuate the power and lifestyles of a bloated bureaucracy and the establishment of a obscenely huge military which led to shortages of everything from food to housing. The excesses committed by the so-called heirs of the socialist revolution were not what Karl Marx envisioned for the workers of the World. No, the state apparatus which fell in 1990 was Marxist in name only, not a dictatorship of the people, but a dictatorship of a succession of tyrants whose agenda can only be described as anti socialist. A new system of economics, and a new system of government is long overdue. Not an economic system as we have at present, in which the wealth which created by the worker is confiscated and controlled by the wealthy, but an economic system in which the worker controls the wealth which he creates for the benefit of all. And a new system of government, not that of our present so called government which is nothing more than the political wing of Wall Street, but a government representing all the people, not just the wealthy few. Well aware of this fact, all the crowing and celebrating of the Capitalist-controlled press over the alleged fall of Communism was strictly for consumption of the working man in America and elsewhere where Capitalism is practiced. We must remember that the only thing which matters to the practitioners of Capitalism is the accumulation of wealth, and without the exploitation of labor this would be impossible to achieve. Therefore, keeping the working man deluded into thinking that he has no alternative to parasitic Capitalism is as important to the Capitalist as the accumulation of wealth itself, and the failure of the illegitimate Marxist pretenders running the Soviet Union could not have given the greedy Capitalists a better example in which to make their point, that Capitalism was indeed superior to that of Marxism. While the Capitalists were quick to savor the demise of the Soviet Union, little did they know that in less than twenty years Capitalism would follow suit in a financial meltdown which has the potential of being the mother of all economic disasters. However, the fall of Capitalism should come as no surprise, as many had been predicting this outcome for well over a hundred years. We bear witness to the collapse of an economic system which had long ago been exposed by Marx and other socialist thinkers as a fraud and a cancer, visited upon mankind by what can only be described as a collection of modern day highwaymen hiding behind a thin veneer of respectability while looting and plundering everything which the working man had labored so hard to create. Their criminal manipulations of the monetary system as well as their exploitation of the working class has created once again a situation in which they have profited mightily, while workers who have labored their entire lives stand to lose everything. The failed economics of these career criminals has created a disaster in which millions of Americans have already lost their homes, their jobs, and have kept wages stagnant for those still working, while at the same time being forced to pay the huge cost of maintaining a massive military establishment and an endless series of wars. Just as the workers of the now defunct Soviet Union had experienced, we now find the staples of life becoming dear as inflation eats away at our dwindling buying power. Food, fuel, clothing, housing, and the cost of health care is skyrocketing, rapidly outstripping any feeble increases in real wages. As the situation worsens, the Wall Street hierarchy and their puppets in Washington attempt to stick the already overburdened American worker with the enormous cost of making good their losses as they had done with the savings and loan debacle of the 1980's. However, picking the pockets of the working people this time around will not succeed, as the average citizen is mired in debt, and can ill afford any increase in taxes which would have to be levied to pay for a bailout of this magnitude. An increase in tax upon the workers of America to finance the Fed plan for bailing out the banks will not work, nothing will work, Capitalism is dead. A new system of economics, and a new system of government is long overdue. Not an economic system as we have at present, in which the wealth which created by the worker is confiscated and controlled by the wealthy, but an economic system in which the worker controls the wealth which he creates for the benefit of all. And a new system of government, not that of our present so called government which is nothing more than the political wing of Wall Street, but a government representing all the people, not just the wealthy few. These subjects have all been discussed by the great Socialist thinkers of the past, who had warned of the potential of these great economic fiascos brought on by Capitalist greed. Had we followed their advice it is almost certain we could have avoided this latest economic disaster and all the pain it is bringing upon us. © by the author.   We're usually unable to forward readers' emails, but both readers and authors are invited to visit our 'dialogue' page for two-way communication: unknownnews.org/dialogue.html   This is an archived Unknown News page. For newest material, visit our main page. YOU CAN HELP   We try not to whine too much or too loudly, but we are poor and this site eats a lot of time and especially money. Just a buck or two can make all the difference and help keep Unknown News alive. Donations        Sponsorships        Stickers and stuff for sale Subscriptions        Wish list        Thank you

Unknown News This is who we are, what we do, and why we do it