Economics/Class Relations

Is a capitalist-socialist economy inevitable?

In the late 1980s, I used to hang out with a lot of Marxist-types who would talk about how the then-nascent era of globalization would be a return to the 19th century model of class relations. At the time, I figured they were exaggerating, but now I tend to think they were right. Ironically, a lot of these Marxists believed, even then, that the Left had lost its way by focusing of cultural politics rather than the class struggle.

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