Now that we’ve read about communism in Marx and Engels, what, if anything, applies to capitalism in America today. As food for thought, here are a couple of recent articles from the (admittedly liberal) New York Times:
- “Incomes Flat in Recovery, but Not for the 1%”: The title kind of says it all, but the articles has details.
- “Equal Opportunity, Our National Myth”: argues that social mobility (the ability for the poor to become rich) is falling in this country, and is now less than in European countries.
Do these articles show that Marx and Engels are correct in their analysis of capitalism, or are the articles irrelevant? Feel free to post and discuss links from conservative sources, such as the Wall Street Journal, in rebuttal.