friedrich engels

Diagnosis: ‘Londonism’ by Rishi Dastidar

“Capitalism has subjected the country to the rule of the towns. It has created enormous cities. Capitalism has agglomerated population, centralised means of production, and has concentrated property in a few hands.”

karl marx london

Karl Marx was 195 on May 5th last year, and wrote these words albeit using the word ‘bourgeoisie’ instead of capitalism. John Lanchester used this trick when quoting Marx to show how prescient he was in describing the structure of capitalism and the way in which it changes the landscape (I sometimes think that capitalists understand Marx better than Marxists). (more…)