I have blogged on here before about how the elite left is still obsessed with Karl Marx and thinks he should be given another chance. This fact is even more mind boggling when you consider that economically speaking Karl Marx is seen as a complete failure. A simple basic economics course will dispel any hope that Karl Marx can be successfully implemented.
He is such a failure that a couple economists are having a hard time listing his positives. To see this exchange read Brad Delongs post, Professor of Economics at UC Berkeley. He asks simply for five one-sentence bullet points listing his positives.
Tyler Cowen, Professor of Economics at George Mason University, tries to list some positives here. Although he concludes with,
Of course marxism, as a political program, remains dangerous nonsense. Marx’s blind spots were enormous, and I still cannot understand how generations of the intelligentsia were taken in by the whole thing.
Can somebody please convey this message to those liberal elites who still believe in Karl Marx?
An economist’s view:
http://www.gmu.edu/departments/economics/wew/articles/04/gouging.html
It’s clear the VA legislature has been reading Marx.
You’d be surprised how many legislatures don’t understand basic economics. How many of them would have
agreed with the VA legislature in that bill…It’s sickening.
There are a number of reasons that K. Marx is still considered by elites. You may disagree with Marx but Sociology as a science was practically created by him ( and Comte, Weber and such.
As to your point that MArxism could not be established, your ideas of Marx look more like Lennin’s than Marx. By the way the terrible ideas of Lennin lasted 75 years.
Aside from you somewhat supporting Karl Marx, the next most ridiculous thing is when you said, “but Sociology as a science was practically created by him”.
Sociology, a science? Now were just getting plain ridiculous, aren’t we.
excuse me mr hispanic pundit. sociology IS a science. read up on positivism.. u might learn a thing or two
Marx economy is something that American economyst cant understand.I know its hard not to abuse common worker and and not to get rich on somone else misery!Dont mess with America or they will bring demo. to ur country.Look at Iraq!