A Note on the Communist Manifesto

Abstract

This reprise of Harry Magdoff's 1969 "A Note on the Communist Manifesto" remains as relevant as ever—perhaps even more so. While capitalism by its very nature lives by accumulation and geographic expansion, it does so in a most unequal fashion. Even though nothing in economics follows strict mathematical rules, there are notable tendencies produced by the inner springs of capitalism. An outstanding example of such a tendency is found in the distinct and marked widening of the gap between a handful of rich nations and the rest of the world. The accelerating globalization of our times demonstrates this polarization in no uncertain terms.