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Picture of JULIETTE LOW FLEURY
Gaddis Lecture
by JULIETTE LOW FLEURY - Wednesday, March 16, 2016, 09:17 PM
 

I think the most interesting part of the lecture was when he talked about Stalin's reasoning for why the capitalists were the actual problem. Gaddis said that the world wars were both started by capitalists, and through the Leninist-Marxist view point, capitalists just tore eachother and the world a part. (48:50) There is lots of truth to this statement, because capitalism is ultimately about competition and being better than the opposition and finding a way to end up on top even if it means breaking down the the opposition. When the US first started creating its own goods, Britain taxed them and made laws to forbid the US from trading with other nations in order the protect Britains commerce, During the gilded age large corporations like Carnegie Steel bought up or stomped out its competition in order to protect its own industry. Even during the New Deal era, capitalism still prevailed, judicial decisions such as the Schechter V. United States case deflected the governments right to protect the people by revoking NIRAs provisions to regulate fair competition. Lenin had a very valid point about capitalism being the problem, instead of bringing people together it split people apart. The thing that does not make sense to me is the fact that the USSR was basically following what could be looked at as land capitalism, (taking more and more and trying to prevent others from taking it) in the name of socialism/communism. The oddest part about hearing this lecture and the viewpoints of the bolsheviks is how incredibly hypocritical their whole philosphy was. 

Picture of LAURA GILL
Re: Gaddis Lecture
by LAURA GILL - Wednesday, March 16, 2016, 10:33 PM
 

I agree, the Leninist-Marxist perspective of capitalism does relate a lot to the Gilded Age and the rise of the intensely capitalist society, however, the perspective also ignores the partnerships and relationships that capitalism builds between countries as well as the benefit for people seeking economic success.