The Gary Null Blog

Karl Marx must be both happy and sad — happy because capitalism is crumbling and sad because it is not happening the way he thought it would in a revolution of the proletariat. When socialism, albeit a corrupt version of it, was wiped off the political landscape of the world some 20 years ago with the collapse of the Soviet Union, the capitalists touted the free market liberal economic system as the only engine for the progress of mankind. Of course, they interpreted the word progress in a loose sense, confining it to short-term economic prosperity and not taking its social cost into account. Little did they realize then that unbridled capitalism, sustained by selfishness and greed, was evil incarnate — warts and all.

Just as the seeds of destruction of any system are found within it, capitalism's downfall is largely caused by its own rotten core. When greed or selfishness, which the capitalists interpret as economic freedom of an individual, becomes the operative vice, there is little place for values.