Marx’s criticisms of capitalism and how I would respond to them. According to the dictionary, capitalism is “an economic and political system in which a country’s trade and industry are controlled by private owners for profit.” This is what the USA does and it works wonderfully! I’m sure you know who Karl Marx is, so I’ll save you time in getting to the point. According to Econlib, “Marx condemned capitalism as a system that alienates the masses. His reasoning was as follows: although workers produce things for the market, market forces, not workers, control things. People are required to work for capitalists who have full control over the means of production and maintain power in the workplace.” How do I respond to this? I would change my job, wouldn’t you?
What Is To Be Done? This is a novel written by Vladimir Lenin. According to Wikipedia, “In What Is to Be Done?, Lenin argues that the working class will not spontaneously become political simply by fighting economic battles with employers over wages, working hours, and the like.”
New Economic Policy. According to Britannica, “The New Economic Policy reintroduced a measure of stability to the economy and allowed the Soviet people to recover from years of war, civil war, and governmental mismanagement. The small businessmen and managers who flourished in this period became known as NEP men.”
Ukrainian terror-famine. this famine was actually a man made famine. According to Wikipedia, “The Holodomor, also known as the Great Ukrainian Famine, was a man-made famine in Soviet Ukraine from 1932 to 1933 that killed millions of Ukrainians. The Holodomor was part of the wider Soviet famine of 1930–1933 which affected the major grain-producing areas of the Soviet Union.”