Well Cramer is always wrong and this holds in this case as well.
The thing hes wrong about is that he “sounds like Marx”
He simply admitted for a brief moment that the rich are taking all the money and the poor are getting fucked. He didnt meaningfully connect this an ongoing class war, the structural failure of workplaces governed in a dictatorial fashion by an owner class exploiting the excess value of labor.
He did not in fact “sound like Marx” he sounded like a thousand other capitalist apologists who look around at the suffering caused by capitalism and throw out a complaint about how the owner class is going a little too far and maybe should put the baby crushing machine in first gear for a little bit before the workers kill them.
How… how does the inverse Cramer apply here?
Marx failed to consider that one day Jim Cramer would agree with him.
Marx would view Cramers existence as an eldritch abomination beyond nightmares
Well Cramer is always wrong and this holds in this case as well.
The thing hes wrong about is that he “sounds like Marx”
He simply admitted for a brief moment that the rich are taking all the money and the poor are getting fucked. He didnt meaningfully connect this an ongoing class war, the structural failure of workplaces governed in a dictatorial fashion by an owner class exploiting the excess value of labor.
He did not in fact “sound like Marx” he sounded like a thousand other capitalist apologists who look around at the suffering caused by capitalism and throw out a complaint about how the owner class is going a little too far and maybe should put the baby crushing machine in first gear for a little bit before the workers kill them.
Rich people are making money. In reverse that means they are not making lots of money.
So puts on rich people, calls on everybody else.
This means less rich people. More everybody else.
Which means rich became richer, taking from everybody else. As Cramer said, rich people are making lots of money; everybody else is struggling.
I choose to be optimistic. He sounds like Marx, and the end of capitalism is near