Thursday, October 17, 2013

The ascent of Marxism...

The ascent of Marxism...  Sarah Hoyt in a fascinating post: The Fifty Shades of Marx.  Here's one example, about the concept of “value”.  Marx said that the value of any thing is determined by how much labor was put into it.  That's an idea most progressives would find true, or at least attractive.  The economists notion of value is much different: a thing is worth exactly what someone is willing to pay for it.  Someone who believes the former would govern or judge differently than someone who believes the latter.

Now multiply that by 50 or so “big” Marxist ideas, and you get (wait for it!) modern America.


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