Marx was wrong about Communism, but right about Capitalism

As this is the Politics forum this should be right at home. I found this report interesting reading. What say you?

Karl Marx

As a side-effect of the financial crisis, more and more people are starting to think Karl Marx was right. The great 19th Century German philosopher, economist and revolutionary believed that capitalism was radically unstable.

Defenders of capitalism argue that it offers to everyone the benefits that in Marx's time were enjoyed only by the bourgeoisie, the settled middle class that owned capital and had a reasonable level of security and freedom in their lives.

In 19th Century capitalism most people had nothing. They lived by selling their labour and when markets turned down they faced hard times. But as capitalism evolves, its defenders say, an increasing number of people will be able to benefit from it.

In fact, in Britain, the US and many other developed countries over the past 20 or 30 years, the opposite has been happening. Job security doesn't exist, the trades and professions of the past have largely gone and life-long careers are barely memories

Capitalism has led to a revolution but not the one that Marx expected. The fiery German thinker hated the bourgeois life and looked to communism to destroy it. And just as he predicted, the bourgeois world has been destroyed.

But it wasn't communism that did the deed. It's capitalism that has killed off the bourgeoisie.

What I heard from visitors is british, french, swedish social care system sounds like very much communism kind of stuff

Communism is an ideology that seeks to establish a classless, stateless social organization based on common ownership of the means of production.
Marxism is the Theory, Communism is the actual practice. So you can use them more or less interchangebly, along with Stalinism, Trotskyism, Maoism, & Leninism.

From each according to his ability, to each according to his need (or needs) is a slogan popularised by Karl Marx in his 1875 Critique of the Gotha Program. The phrase summarizes the principles that, in a communist society, every person should contribute to society to the best of his or her ability and consume from society in proportion to his or her needs. In the Marxist view, such an arrangement will be made possible by the abundance of goods and services that a developed communist society will produce; the idea is that there will be enough to satisfy everyone's needs.

That's what brought down the middle and upper middle class.