Is Karl Marx's Prophecy a Reality?

"The history of all hitherto existing society is the history of class struggles." - Karl Marx.

He states that just as feudalism was replaced by capitalism, capitalism would eventually be replaced by socialism. It is a process occuring now in the early stages.

The past years since the start of the Industrial Revolution was the age of capitalism. It was seemingly the most effective and efficient way to generate goods and services to everyone. But the flaw is that it did not consider human nature. It believes that everyone is rational in terms of utility but did not consider other qualitative measures of human, such as power.

The capitalist has gotten too rich too fast and at times with unfair means. The power of the group of network you are in is a deciding factor never to be underestimated.

Currently around the world, the increase in social unrest has only begun, with France reportedly having around 2.5 million citizens on strike, trying to bring Sarkozy down.

The past century was an era of the dictatorship of the bourgeoisie. Today, a widening gap between the rich and poor is increasing at a pace unseen as unemployment rate goes up. As more and more unemployment occurs, the proletariat, when they run out of money, will have nothing to lose if they go beyond moral hazards.

Thus, with the current turmoil just having started, but already achieving large social unrest, we may see the 'dictatorship of the proletariat'. It may not be far.