This is basically what Marx explains in the first volume of The Capital. It’s good to see young people still read Marx in Russia. :)
And he’s right that full automation is fundamentally incompatible with capitalism because the whole system is based around consumption. You need wage workers who produce value, and then pay the capital owner to consume goods. If you eliminate wage workers from the system there’s nobody left to consume the goods. And once you have the majority of population become useless within the system it can no longer function.
But on the other hand, progressive youth there—not just those with socialist views—are starting to realize that capitalism has outlived its usefulness, that it’s a hollow sham
Basically what happened was that the US sat out the second world war and developed its economy while the rest of the world burned. Then they used their head start to prop up their ideological bloc during the Cold War and created the whole mythology that capitalism was a superior system and the standard of living in the west wasn’t because the US had a huge head start, but because capitalism is a superior system. Now that China has caught up and capitalism has destroyed all the material benefits western public enjoyed, we’re seeing the new generation sobering up.
And I’m still shocked how nobody actually reads books here. It is absolutely incomprehensible to me. Just like you, I was reading from the young age, cause there really wasn’t much other type of entertainment. And reading really opened up your imagination, I’m incredibly grateful for growing up in USSR and having developed this habit. Reading a good book is still by far the most enjoyable experience for me.
This is basically what Marx explains in the first volume of The Capital. It’s good to see young people still read Marx in Russia. :)
And he’s right that full automation is fundamentally incompatible with capitalism because the whole system is based around consumption. You need wage workers who produce value, and then pay the capital owner to consume goods. If you eliminate wage workers from the system there’s nobody left to consume the goods. And once you have the majority of population become useless within the system it can no longer function.
Basically what happened was that the US sat out the second world war and developed its economy while the rest of the world burned. Then they used their head start to prop up their ideological bloc during the Cold War and created the whole mythology that capitalism was a superior system and the standard of living in the west wasn’t because the US had a huge head start, but because capitalism is a superior system. Now that China has caught up and capitalism has destroyed all the material benefits western public enjoyed, we’re seeing the new generation sobering up.
And I’m still shocked how nobody actually reads books here. It is absolutely incomprehensible to me. Just like you, I was reading from the young age, cause there really wasn’t much other type of entertainment. And reading really opened up your imagination, I’m incredibly grateful for growing up in USSR and having developed this habit. Reading a good book is still by far the most enjoyable experience for me.
incidentally https://english.www.gov.cn/policies/latestreleases/202512/17/content_WS6941fa8bc6d00ca5f9a08243.html