By the way, Marx literally predicted wages stagnating even as production increases. I’ve also added some other benchmarks to help gauge where earners would stand given how much they currently earn.
25k in 2020-> 57k
35k in 2020-> 80k
45k in 2020-> 103k
50k in 2020-> 108k
75k in 2020-> 172k
100k in 2020-> 229k
Economics is straight up made up. It’s very new also
Also keep in mind the boomers in general are pretty dumb.
My dad finally told me how much my grandpa used to make. And how hard it must of been for him to feed his family of 6. I plugged the number into an inflation calculator and my grandpa was making 150k in today’s money. My dad who is into economics and stocks never thought about inflation. He still talks about his 3$ an hour job from the late 70s and how little it was.
Moral of the story. Most old people are dumb.
You will never be a Marxist. You have no theory, you have no revolutionaries. You are a revisionist man twisted by liberalism and opportunism into a crude mockery of Marx’s perfection.
All the “validation” you get is two-faced and half-hearted. Behind your back people mock you. Your parents are disgusted and ashamed of you, your “comrades” laugh at your ghoulish theory behind closed doors.
Revolutionaries are utterly repulsed by you. Hundreds of years of theory have allowed revolutionaries to sniff out frauds with incredible efficiency. Even socdems who “pass” look uncanny and unmarxist to a revolutionary. Your kautskyite opportunism is a dead giveaway. And even if you manage to get a revolutionary in your party, he’ll turn tail and bolt the second he gets a whiff of your diseased, infected liberalism.
You will never be a communist. You wrench out a fake smile every morning and tell yourself it’s going to be ok, but deep inside you feel the parliamentarism creeping up like a weed, ready to crush you under unbearable weight.
Eventually it’ll be too much to bear - you’ll but a rope, tie a noose, put it around your neck, and plunge into the cold abyss. Your comrades will find you, heartbroken but relieved that they no longer have to live with the unbearable shame and disappointment. They’ll bury you with a headstone marked with your birth name, and every passerby for the rest of eternity will know a revisionist is buried there. Your body will decay and go back to the dust, and all that will remain of your legacy is a skeleton that is unmistakably revisionist.
This is your fate. This is what you chose. There is no turning back.
In your “other benchmarks” table, why aren’t the numbers linear? That is, if 25k (2020) translates to 57k, why doesn’t 50k (2020) translate to twice that, 114k?
edit: I actually don’t understand a lot of this. I’m gonna have to find the source and read it
They are not linear because we are multiplying by the percent difference and not just adding. So instead of ($x1973)+($y2020) it is (x1973)•(productivity%2020-compensation%2020)
I guess I don’t understand the whole framework then. I looked around a bit and found this post, is it where the context for these numbers/calculations come from?
Marx’s prediction of the falling rate of profit was correct as well
Yes but Marx failed to consider the massive profit I get from my feet’s onlyfans
We’re in this position because of the actions of the generation that, on average, paid off their 4 year college by holding down a full-time (40 hour) minimum wage job for ONE summer vacation during highschool
