If Karl Marx Could See Us Now
Karl Marx's firmly believed that " capitalism will end through the organized actions of an international working class ". Marx believed the inevitable confrontation between the so called proletariat and the bourgeoisie would ultimately lead to capitalism's destruction. This confrontation seems to be upon us with ground zero being the State of Wisconsin. Facing a $137mm budget deficit Governor Scott Walker has introduced a bill which would strip away workers collective bargaining power. Throw in medicare mandates and the gap is over $3bn! Opposition to the bill has been seismic-with protesters swarming the state capitol forcing most lawmakers to flee before the vote rather than stay and face the deluge. Wisconsin's troubles are indicative of the dozens of other states facing huge budget shortfalls and shrinking tax revenues. The states with the worst fiscal ills just so happen to have the most benefits for public workers. For the past few decades unions have enjoy...