Capitalism inevitably results in the rich getting richer and the poor getting poorer. Soon you have a small group of rich at the top, a massive group of poor at the bottom and a small, battered besieged middle class in the between them. This is precisely what we see in the Latin American Capitalism that the US demands and enforces by force all over the world. It resembles feudalism more than it resembles any more advanced economic system.
Capitalist apologists attack Marx by saying that Marx was wrong that the rich always get richer and the poor always get poorer under capitalism. The 20th Century proves this wrong, they say. But they are lying again (capitalist apologists always lie – it’s what they do).
The only reason that Marx’s rule often did not play out during the last century was due to the power of labor and the intervention of the state. It is only via artificial means of interfering with the free market – giving massive power to workers in management of production, heavy taxation and regulation of the market – that this natural tendency of capitalism is avoided.
In other words, the only things that creates a strong middle class and avoids the Latin Americanization of the world are anti-capitalist tools that the capitalists hate – labor management of production, government taxation and regulation of markets.
So it is only the Left that creates a middle class and widespread prosperity via redistribution of the fruits of the market. The Right will always only and ever produce a Latin Americanized, neo-feudal world with a small elite, a vast angry group of poor and a shrinking, disheartened, exasperated and exhausted middle class with shrinking incomes.
So we see that it is only socialism – workers assisting the management of production in the market, heavy state taxation of the rich and large businesses and regulation of the market to redistribute wealth and reign in the excesses and evils of the market – that makes capitalism work well in the first place. A capitalism without socialism is a Hell. It looks like Latin America. You have seen it already. A generous helping of socialism suffices to oil the machine of capitalism to keep it running at its best.
