[Marxism] Can capitalism survive?

Jim Farmelant farmelantj at juno.com
Mon Mar 23 18:56:40 MDT 2009

On Mon, 23 Mar 2009 19:47:09 -0400 "S. Artesian"
<sartesian at earthlink.net> writes:
> Such faith in the enduring power of elitism-- shows how little 
> Schumpeter 
> understood about Marxism,  and revolution.  

As an unabashed elitist, Schumpeter would have taken being called
an elitist as a point of praise. However, of bourgeois
scholars, he had a much appreciation of
Marx's works than most of his contemporaries.
His theory about how socialism could
arrive was not entirely wrong.  The
development of an oppositional intelligentsia
is clearly of crucial importance  and I think 
he did hit upon some of the important factors driving
the emergence of this stratum.

However, an oppositional intelligentsia
cannot accomplish much except in
alliance with the working class.

> I'll take a Babeuf, the 
> Hebertists, the Petrograd soviet any and every day over the 
> socialism of the 
> elite.
> As Connolly put it:  "All hail to the mob, the incarnation of 
> progress!"
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