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POLITICAL THEORY - Marx

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    Most people agree that we need to improve
    our economic system somehow. Yet we’re also
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    often keen to dismiss the ideas of capitalism’s
    most famous and ambitious critic, Karl Marx.
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    This isn’t very surprising. In practice,
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    his political and economic ideas have been
    used to design disastrously planned economies
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    and nasty dictatorships.
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    Nevertheless, we shouldn’t reject Marx too
    quickly. We ought to see him as a guide whose
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    diagnosis of Capitalism’s ills helps us
    navigate towards a more promising future.
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    Capitalism is going to have be reformed - and
    Marx’s analyse are going to be part of any
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    answer.
    Marx was born in 1818 in Trier, Germany.
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    Soon he became involved with the Communist
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    party, a tiny group of intellectuals advocating
    for the overthrow of the class system and
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    the abolition of private property. He worked
    as a journalist and had to flee Germany, eventually
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    settling in London.
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    Marx wrote an enormous number of books and
    articles, sometimes with his friend Friedrich Engels
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    Mostly, Marx wrote about Capitalism, the type
    of economy that dominates the western world.
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    It was, in his day, still getting going, and
    Marx was one of its most intelligent and perceptive critics.
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    These were some of the problems he identified
    with it:
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    Modern work is “alienated”
    One of Marx’s greatest insights is that
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    work can be one of the sources of our greatest
    joys.
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    But in order to be fulfilled at work, Marx
    wrote that workers need ‘to see themselves
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    in the objects they have created’. Think
    of the person who built this chair:
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    it is straightforward, strong, honest and elegant
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    It’s an example of how, at its
    best, labour offers us a chance to externalise
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    what’s good inside us. But this is increasingly
    rare in the modern world.
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    Part of the problem is that modern work is
    incredibly specialised. Specialised jobs make
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    the modern economy highly efficient, but they
    also mean that it is seldom possible for any
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    one worker to derive a sense of the genuine
    contribution they might be making to the real
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    needs of humanity.
    Marx argued that modern work leads to
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    alienation = Entfremdung
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    in other words, a feeling of disconnection
    between what you do all day and who you feel
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    you really are and would ideally be able to
    contribute to existence.
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    Modern work is insecure
    Capitalism makes the human being utterly expendable;
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    just one factor among others in the forces
    of production that can ruthlessly be let go
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    the minute that costs rise or savings can
    be made through technology. And yet, as Marx
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    knew, deep inside of us, we don’t want to
    be arbitrarily let go, we are terrified of
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    being abandoned.
    Communism isn’t just an economic theory.
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    Understood emotionally, it expresses a deep-seated
    longing that we always have a place in the
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    world’s heart, that we will not be cast
    out.
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    Workers get paid little while capitalists
    get rich
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    This is perhaps the most obvious qualm Marx
    had with Capitalism. In particular, he believed
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    that capitalists shrunk the wages of the labourers
    as much as possible in order to skim off a
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    wide profit margin.
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    He called this
    primitive accumulation = ursprüngliche Akkumulation
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    Whereas capitalists see profit as a reward
    for ingenuity and technological talent, Marx
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    was far more damning. Profit is simply theft,
    and what you are stealing is the talent and
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    hard work of your work force.
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    However much one dresses up the fundamentals,
    Marx insists that at its crudest, capitalism
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    means paying a worker one price for doing
    something that can be sold for another, much
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    higher one. Profit is a fancy term for exploitation.
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    Capitalism is very unstable
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    Marx proposed that capitalist systems are
    characterised by series of crises. Every crisis
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    is dressed up by capitalists as being somehow
    freakish and rare and soon to be the last one. Far from it, argued Marx,
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    crises are endemic to capitalism - and they’re
    caused by something very odd. The fact that
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    we’re able to produce too much - far more
    than anyone needs to consume.
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    Capitalist crises are crises of abundance,
    rather than - as in the past - crises of shortage.
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    Our factories and systems are so efficient,
    we could give everyone on this planet a car,
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    a house, access to a decent school and hospital.
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    That’s what so enraged Marx and made him
    hopeful too. Few of us need to work, because
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    the modern economy is so productive.
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    But rather than seeing this need not to work
    as the freedom it is, we complain about it
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    masochistically and describe it by a pejorative
    word “unemployment.” We should call it freedom.
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    There’s so much unemployment for a good
    and deeply admirable reason: because we’re
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    so good at making things efficiently. We’re
    not all needed at the coal face.
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    But in that case, we should - thought Marx
    - make leisure admirable. We should redistribute
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    the wealth of the massive corporations that
    make so much surplus money and give it to
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    everyone.
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    This is, in its own way, as beautiful a dream
    as Jesus’s promise of heaven; but a good
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    deal more realistic sounding.
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    Capitalism is bad for capitalists
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    Marx did not think capitalists were evil.
    For example, he was acutely aware of the sorrows
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    and secret agonies that lay behind bourgeois
    marriage.
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    idealized family: http://thephilosophersmail.com/wp-content/uploads/2014/10/730px-Lily_Martin_Spencer_-_Domestic_Happiness.jpeg
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    Marx argued that marriage was actually an
    extension of business, and that the bourgeois
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    family was fraught with tension, oppression,
    and resentment, with people staying together
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    not for love but for financial reasons.
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    Marx believed that the capitalist system forces
    everyone to put economic interests at the
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    heart of their lives, so that they can no
    longer know deep, honest relationships. He
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    called this psychological tendency
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    commodity fetishism = Warenfetischismus
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    because it makes us value things that have
    no objective value.
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    He wanted people to be freed from financial
    constraint so that they could - at last - start
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    to make sensible, healthy choices in their
    relationships.
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    The 20th century feminist answer to the oppression
    of women has been to argue that women should
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    be able to go out to work. Marx’s answer
    was more subtle. This feminist insistence
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    merely perpetuates human slavery. The point
    isn’t that women should imitate the sufferings
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    of their male colleagues,it’s that men and
    women should have the permanent option to
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    enjoy leisure.
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    Why don’t we all think a bit more like marx?
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    An important aspect of Marx’s work is that
    he proposes that there is an insidious, subtle
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    way in which the economic system colours the
    sort of ideas that we ending up having.
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    The economy generates what Marx termed an
    “ideology”.
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    A capitalist society is one where most people,
    rich and poor, believe all sorts of things
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    that are really just value judgements that
    relate back to the economic system: that a
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    person who doesn’t work is worthless, that
    leisure (beyond a few weeks a year) is sinful,
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    that more belongings will make us happier
    and that worthwhile things (and people) will
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    invariably make money.
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    In short, one of the biggest evils of Capitalism
    is not that there are corrupt people at the
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    top—this is true in any human hierarchy—but
    that capitalist ideas teach all of us to be
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    anxious, competitive, conformist, and politically
    complacent.
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    Marx didn’t only outline what was wrong
    capitalism: we also get glimpses of what Marx
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    wanted the ideal utopian future to be like.
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    In his Communist Manifesto he describes a world
    without private property or inherited wealth,
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    with a steeply graduated income tax, centralised
    control of the banking, communication, and
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    transport industries, and free public education.
    Marx also expected that communist society
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    would allow people to develop lots of different
    sides of their natures:
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    “in communist society…it is possible for
    me to do one thing today and another tomorrow,
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    to hunt in the morning, fish in the afternoon,
    rear cattle in the evening, criticise after
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    dinner, just as I have a mind, without ever
    becoming hunter, fisherman, herdsman or critic.”
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    After Marx moved to London he was supported
    by his friend and intellectual partner Friedrich
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    Engels, a wealthy man whose father owned a
    cotton plant in Manchester. Engels covered
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    Marx’s debts and made sure his works were
    published. Capitalism paid for Communism.
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    The two men even wrote each other adoring
    poetry.
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    Marx was not a well-regarded or popular intellectual
    in his day.
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    Respectable, conventional people of Marx’s
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    day would have laughed at the idea that his
    ideas could remake the world. Yet just a few
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    decades later they did: his writings became
    the keystone for some of the most important
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    ideological movements of the 20th century.
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    But Marx was like a brilliant doctor in the
    early days of medicine. He could recognise
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    the nature of the disease, although he had
    no idea how to go about curing it.
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    At this point in history, we should all be
    Marxists in the sense of agreeing with his
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    diagnosis of our troubles. But we need to
    go out and find the cures that will really
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    work. As Marx himself declared, and we deeply
    agree:
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    Philosophers until now have only interpreted
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    the world in various ways. The point, however,
    is to change it.
Title:
POLITICAL THEORY - Marx
Description:

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Video Language:
English
Duration:
09:28

English subtitles

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