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Panama Papers: Karl Marx Posthumously Awarded Nobel Economics Prize

“The Panama Papers scandal shows that Marx’s analysis of capitalism was tragically accurate.” – Nobel Prize Committee

OSLO – Norway’s Nobel Prize Committee announced today that it was awarding its 2016 Economics Prize posthumously to Dr Karl Marx, author of Das Kapital (Capitalism), published in 1867, stating that the Panama Papers scandal has proven him absolutely correct.

Karl Marx, Panama PapersKarl Marx (1818-1883) was a German philosopher and political activist credited with founding modern communism, along with his collaborator, Friedrich Engels (1820-1895).

“Almost everything Marx and Engels predicted has come tragically true,” admitted Nobel Prize committee chairwoman, Ms Kaci Kullmann Five (pronounced fever).

“Fortunately, they also outlined practical solutions which the Committee urges the world to reconsider.”

Ms Five noted that the Panama Papers outrage demonstrated that Marx had been essentially correct when he predicted that capitalism “would rend itself to pieces on its own inner contradictions.”

This was because the dynamo of capitalism included a pathological drive to “Accumulate! Accumulate! Accumulate!” for its own pointlessly repetitive sake.

“Look at that creep Martin Shkreli,” Ms Five said. “Or his smoother version, Jamie Dimon. Nothing will stop kroner-crazed psychopaths like these until they’re literally put out of business by the law. Iceland, which recently jailed its greediest bankers and fired its prime minister, is a good example of what can be done.”

Ms Five went on: “The Panama scandal has revealed that trillions of unused dollars and pounds and yuen are being hoarded in secret bank accounts all over the world. They buy nothing, do nothing, help nobody. Meanwhile half of humanity starves to death.”

She added that Marx had looked ahead to a day when the world’s starving would band together, country by country, to forcibly change an economic system “destroying their lives, their children’s lives, and the life of very planet itself.”

The Nobel Committee chair ended by quoting Marx’s most famous admonition: ‘Workers of the world unite! You have nothing to lose but your chains!’

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Michael Egan
Michael was born in South Africa at the height of the apartheid era He quickly became involved in the underground resistance movement, knew Nelson Mandela and other prominent revolutionaries, some of whom later moved into privileged positions formerly occupied by whites. After several exciting escapes, he was forced to flee the country in disguise. He successfully made his way to the UK and gained his PhD at Cambridge on a university scholarship, He then pursued the dual career of college professor and social revolutionary, provoking academic and political mayhem wherever he went. Having thus failed miserably at both politics and education, he now cynically rails like Diogenes at the foibles of mankind in bitter satires and faintly subtly edgy political cartoons. History will, however absolve him. In 2006 he discovered a new Shakespeare play, but it's going to take a new generation to acknowledge it. Check out his website, Editorial and Political Cartoons.