HOW MARXISM TODAY IS A WHOLLY-OWNED SUBSIDIARY OF BIG MONEY

First of Two Parts

MUCH CELEBRATION has taken place in recent days of the May 5th, 2018 200th birthday of Communism advocate and theorist Karl Marx. Typical of the press this occasion has received is this article by Olivia Goldhill at Quartz magazine.

WHO owns Quartz?

Laurene Powell Jobs, one of the richest capitalists on the planet. In July 2017 her curiously-named Emerson Collective bought The Atlantic and its digital properties, one of which is Quartz. Ms. Jobs apparently doesn’t see Marxism as any kind of threat to her well-sheltered wealth, or to herself. (Quartz in fact recently published another Goldhill-penned tome joking about Marx’s co-optation by capitalists.)

In 2018 the espousal of Marxism comes chiefly from plutocrats– and from hugely-rich centers of power and influence like Harvard. I previously examined here Marxist intellectual journals The Baffler and Current Affairs, the former owned by a billionaire; the latter founded by Harvard student Nathan J. Robinson, son of an international corporate trainer. Olivia Goldhill, coincidentally, is herself a Harvard grad.

So what’s actually happening?

WHAT MIGHT BE HAPPENING is that Monopoly Capitalism seeks to set the current hierarchy rigidly in place. This would explain much, as I’ll discuss in a future post.

WHAT MIGHT BE HAPPENING is a Shigalovian strategy, as outlined in Fyodor Dostoevsky’s novel The Possessed. A Ten Percent class of enlightened socialist overlords (Harvard grads?) managing the rest of the human herd for the good of all.

WHAT MIGHT BE HAPPENING is that Laurene Powell Jobs and Company see Marxism as a way to channel dissent, directing it toward ideas and programs amenable to the maintenance of Global Capitalism.

Or: Marxism today is a scam.
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NEXT: The Goldhill Essay Itself.

-Karl Wenclas