
Wages are stagnant and inequality is rising, so maybe Karl Marx got it at least half right after all: capitalism, if left unbridled, carries the seeds of its own destruction.
We know the other half of Marxism is wrong: that after the working class rises up a utopian dictatorship of the proletariat will emerge. Three 70-year experiments tell us that all you get is a dictatorship – and repressive ones at that.
Continue reading “Labour’s lost share of the cake”



