Thomas Otter sent me two books this week that I am really looking forward to reading. Throughout my adventures in capitalism I have had one persistent question that intersects my interest in both history and world current events: would Marx view 401k investment plans and a generally high level of personal investment holdings of public companies as vindication of his economic theory? In other words, would Marx suggest that these are simply evidence of the commons owning the means of production?
Doubtful but it would make fascinating conversation if Marx were over for dinner one night. It would also be interesting to hear Marx’s view on the credit and banking crisis that we are currently living through.
“Marx’s Revenge: The Resurgence of Capitalism and the Death of Statist Socialism” (Meghnad Desai)
