He was a pretty good analyst of society & economic history, but he was a rotten futurologist
In particular he failed to foresee all the mechanisms which would be developed to spread both the risks & the benefits of ‘capitalism’ to those outside what he called the ‘bourgeoisie.’ Joint stock banks, limited liability, pension funds, contracts of employment …
A century after the publication of Das Kapital, the 1968 generation of western Marxists dimly perceived this when they used ‘bourgeois’ as a term of abuse for the values of the suburban classes
Related post: Who will claim Karl Marx?
