Word: capitalists
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Dates: during 1940-1949
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...Karl Marx's mind. The most interesting thing about these ideas is their success in the teeth of developments proving that Marx's main assumptions were wrong. He assumed, for example, that the spectacular poverty of industrial workers of his day would spread and deepen. The capitalist philosophers, who predicted rising living standards, were right. A hundred years after the Manifesto, however, the class struggle is sharper in spite of the fact that the living standard of the "exploited classes" is almost everywhere higher than it has ever been...
...many countries, notably Britain, the consciousness of poverty results in a drive toward leveling, rather than toward revolution. The Machine is controlled in the interest of reducing the prosperity and power of the "exploiting classes," rather than in the interest of abundance. Economic initiative, instead of being restricted by capitalist greed, is in danger of being fettered by proletarian envy...
...Supremacy of the Cop. In countries truer to Marx, where control of The Machine has actually been taken away from the capitalist, the most extraordinary growth occurred in the meaning of "control." Control of production by "the state," in place of ownership by private people, turned out to need bolstering up. It meant control of speech, thought and personal life. It was not the freed worker who replaced the capitalist; it was the cop, the spy, the bureaucrat...
...Yours Forever." Today, the children of pity are largely ineffectual; the children of hate are at bay. The West faces the children of power who rule Russia and all Communist parties throughout the world. Against them stands capitalist democracy, which has certainly not fulfilled the shiny, steam-driven dreams of some of its early prophets. There is no need, however, for capitalism to cringe silently beneath the Marxist indictment. The Communist Manifesto made better reading before Marxism had been tried. Capitalism, for all the regimentation and degradation that occasionally went with it, has made a compromise with The Machine which...
Varga's findings: 1) no economic reasons now exist for a struggle between Soviet socialism and Western capitalism; 2) there is no likelihood of a capitalist crisis before 1955; 3) capitalist states can, in times of emergency, control profits and regulate monopolies in the national interest; 4) in wartime, the workers' living standards in capitalist states rose 20%; 5) Russia's Eastern European satellites are a weak economic reed, comparatively unimportant to total European recovery...