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The Logic of Marx

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Image: Der Zauberlehrling (The Sorceror's Apprentice), 44″x36″ oil on canvas, By Margot Serowy. Marx thought capitalism was a case of the sorceror losing control of the forces they has called up with their spells. Marx predicts that capitalism will destroy itself, leading to a flourishing capital-less class-less society where 'the free development of each is the condition for the free development of all'. His logic for why this is inevitable is as follows.   First, it is in the nature of capital to accumulate. But as it accumulates, there is overproduction and it becomes unstable, leading to recession and crisis. The antidote to this is to expand into yet more markets, becoming bigger still and yet more unstable. This gigantic means of production, conjured up by rampant capital accumulation, is what Marx calls, 'the weapon' that signals the demise of the capital owning bourgeoisie.   But it is not enough to have a weapon, you need someone to shoot it. Thus, the seco...