Reconsidering Communism (Again)

It’s not like Communism wasn’t given a chance. But even though most of the major governments that followed the ideology have failed, Marx isn’t discredited. “Indeed, it is suggested, Marx was right about a good many things—about a lot of what is wrong with capitalism, for instance, about globalisation and international markets, about the business cycle, about the way economics shapes ideas. Marx was prescient; that word keeps coming up. By all means discard communism as practised in the Soviet Union and Eastern Europe (and China, North Korea, Cuba and in fact wherever it has been practised). But please don’t discard Marx.”