20
November 2025
Stock Indexes and Wars
To realize
how absurd it is to think that capitalism thrives on wars, it is enough to
observe stock market indexes, which objectively reflect the expectations of
capitalists (let’s call them that): they plummet when the risk of war increases.
The idea that wars are functional to capitalism is one of those unscientific
aspects of Marxism that Popper clearly outlined 80 years ago: when facts
contradict a theory, instead of changing the theory, the facts are changed.