Is Capitalism without Socialism Sustainable?


The fall of the Berlin Wall marked the end of the communist experiment, and to the extent that the experiment was an application of Marxist ideas about class conflict as the driver of human development, the reunification of Germany that followed also meant for many the failure of those ideas.

The great paradox that needs explaining now is why the global income gap has expanded as greatly as it has done since 1990 if class perspectives are not as crucial as Karl Marx claimed them to be; and subsequently, how are we to approach the issue of class dynamics in the post-Cold War era? Can we simply ignore it?

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