[G. Adams]

Well as for me encountering many Marxist theories that would be no, being that I am 18, have only two years of looking into this area, with only perhaps the last six months being even close to getting in depth. On top of this, my beliefs come from a objection to great social injustices that I feel cannot be solved under capitalism because capitalism either maintains or expands them. This started with finding out that we have far more food in this world than we need to feed everyone well, yet it doesn't happen. Maybe in a few years I can present an argument based in dry theory, but for now I am limited to what I know so far.

I don't deny the benefits that capitalism has brought. Marx never attacked capitalism for what it is, an era in history following feudalism. I admire its continual search for more efficient ways of producing and distributing, and the technological advances made under capitalism are the things that can make poverty a thing of the past. However while these technologies and assets are in the control of people who use them to collect wealth for themself, rather than better create and distribute it, poverty will remain.

The wages in the west have risen only as a result of globalisation. Whereas there would be massive working class, smallish middle class and tiny ruling class in each country 150 years ago, now it is as if we are one giant country, with the middle class and ruling class living in the West. The rich can afford to pay higher wages in the West in order to raise living standards, which increases stability in these countries. But they'll be damned if they pay their workers in developing countries anything like it. A person making t-shirts in britain will earn the min wage of £3.70 an hour, roughly $5.50, while in honduras they'll get 50 cents an hour. But if free trade would be fully actualised, where goods AND labour are free to move around the world, you would see equally shoddy wages for every worker around the world.

India is moving from towards a first world nation. It has better teaching than it used too. But with rising intelligence comes rising demands for better wages. If all countries around the world were first world nations, in terms of education, everyone in the world would be demanding good wages. But they would not get it, because if everyone around the world got good wages, the rich would no longer be rich. This is because of the simple fact that the rich can only be rich while there are poor people. If we were all rich, the value of our money would decrease, making us all equal.

Of course that point will never happen, because poor countries are indebted to the west through the World Bank and IMF, and they demand that these countries cut their education budgets.