Michael Parenti presents an alternative view of events in Eastern Europe, 1988-1990. He argues that Marxism is not dead, and that underlying principles of Capitalism (namely profit at any cost) have not appeared in those countries. Accumulation of profit in Eastern Europe still means meeting the peoples' needs. In the West, however, it is rational to dump toxic wastes into the nearest waterway as the cheapest way to increase a company's profit--at the expense of the people.|RELEVANCE OF MARXISM / Michael Parenti. - Parenti presents an alternative presentation of events in Eastern Europe, 1989-1990. He argues that Marxism is not dead, and that underlying principles of Capitalism--namely profit at any cost--have not appeared in those countries. Accumulation of profit, in Eastern Europe, is still seen as the means of meeting the peoples' needs. In the West, however, it is rational to dump toxic wastes into the nearest waterway as the cheapest way to increase an company's profit--at the expense of the people. RECORDED: 14 Apr. 1990.
