Dialectic of Capitalism

Asher Jospe

doi:10.3390/isis-summit-vienna-2015-t2002

Abstract

Dialectic of Capitalism

Highlights

Karl Marx has predicted in his Communist Manifest the self-destruction of Capitalism
It is the thesis of this paper, that Capitalism has developed over the years the ability to adapt and to mutate into different modes of Capitalism, while retaining its two most fundamental core values, namely that of maximizing profits and that of utilizing private work to generate this profit, namely retaining the core concept of oppressors and oppressed
I need to address the question of whether Capitalism can ever be destroyed as a system

Summary

Introduction

Karl Marx has predicted in his Communist Manifest the self-destruction of Capitalism He himself has admired the achievements of bourgeoisie Capitalism, he at the same time predicted that the inherent internal contradictions of Capitalism will eventually bring it down. Marx made this prediction around 1860, and since more than 150 years have passed. During this period Capitalism has suffered a few situations of massive crisis and came close to selfdestruct. It has continued to be a powerful economic and political force, spreading its ideology to numerous countries, while using NeoLiberal ideology and ICT technology, and implementing globalization as has been predicted by Karl Marx

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