Skip to main content

March Against Marx

Marxian economics defies epistemology and ontology, and so is unfalsifiable, making it not even wrong. Next month I will post several posts taking to task the labour theory of value, exploitation of labour theory, capital accumulation as formulated by Marx and the theory of the declining rate of profit. Each of these will get a separate post.

Also forthcoming will be posts about historical attempts to apply Marxian theory (or subsequent bastardisations of it) in building total state and democratic socialism with a view to attaining communism. This discounts places like Argentina, Somalia and India. I'll be covering the Soviet Union, China, Ethiopia, Angola, Venezuela and Zimbabwe, one post each.

March against Marx, people!

Popular posts from this blog

So I was reading a piece on The Outline about identity politics when the author, Sean McElwee, brought up a survey he had penned and collated to establish how positions on economic and racial issues align;
Could Democrats win over racially conservative whites with economic populism? It’s unlikely, because people who oppose racial justice also tend to oppose liberal economic policies.  To test this, I created scales of economic and racial liberalism, using two questions that have been on the American National Election Studies surveys since 1972. One question asks respondents to place themselves on a one-to-seven point scale on government aid to black Americans, the other on a one-to-seven scale on guaranteeing jobs and income for all Americans. In 1972, only 54 percent of white Americans who took the racially liberal position (supporting aid to black Americans) also took the economically liberal position (guaranteeing jobs and income).  By 2016, 74 percent did. And in 1972, 77 perce…

What Lingos Are Most Similar to English, Though?

Will Automation Make All of the Jobs Disappear?

... No.

There is no reason to suggest that automation will dramatically increase unemployment in the short term, or at all in the long term.

Seriously, it will not.

Do read the links in the order in which they appear please. Finding the right comments in the third link might be quite interesting. They are all by a user called BestTrousers and start with "RI" meaning R1.

The main argument used by HealthcareEconomist3 is to give a survey of several works, while BestTrousers goes for comparative advantage.