A Less Secure and Shrinking Middle Class...
If Western countries want to disprove the dire forecasts of Karl Marx, we must think creatively about how to make the middle class more prosperous and secure Capitalism is arguably the economic system that has created opportunity for millions, created the greatest wealth of any economic system devised, created the largest middle class ever known to humankind, and improved the quality of life for millions. Even Karl Marx acknowledged that capitalism was the most productive and best economic force (system)designed up his time in history. Marx also realized that unless the power of capitalism was harnessed and driven to provide growth, security, and benefits for the society as a whole (think successful and growing middle class)at some point in the history of capitalism it would collapse, a result of its own blindness. In other words if capitalism was driven by greed, its focus being to create enormous wealth for the benefit of a miniscule percentage of society, while keeping wages an...