Parent Category: FAQ
Although Marx was a brilliant man for his time, he did not foresee the methods and advantages of a high-tech resource-based economy. Communism used money and labor, had social stratification, and elected officials to maintain the communists’ traditions. Most importantly, Communism did not eliminate SCARCITY nor did they have a blueprint or the methods for the production of abundance. Machine production rather than labor will dominate the future. Perhaps through no fault of their own, they also had to maintain huge military expenditures to protect themselves from invasion of fascistic and capitalistic institutions.