Article published in Real-World Economics Review, Issue no. 98 – 15 December 2021
This article is a refutation of the contention that capitalists serve any purpose beyond being parasites or are somehow needed in society. They are merely exploiters, like feudal lords, can safely be disposed of, and no one will miss them.
Production is already social, while distribution remains private. This is the key problem here, Marx was correct.
“The contradiction between socialized production and capitalistic appropriation manifested itself as the antagonism of proletariat and bourgeoisie.” – Frederick Engels: Socialism: Utopian and Scientific