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harumph

(3,606 posts)
80. Marx correctly diagnosed a problem - even though the proposed cure was no good.
Mon Jul 6, 2026, 01:40 PM
Yesterday

Even some middle of the road economists will concede that he correctly identified many of the vexing conditions associated with inequality. They do this while still being capitalist. Hence, it is widely understood in academia that Marx still has things to say.

Wikipedia on "Marxian" economics:

"Considered a heterodox school, the Marxian school has been criticized by claims relating to inconsistency, failed predictions, and scrutiny of nominally communist countries' economic planning in the 20th century. According to economists such as George Stigler and Robert Solow, Marxist economics are not relevant to modern economics, having "virtually no impact"[5] and only "represent[ing] a small minority of modern economists".[6] However, some ideas of the Marxian school have contributed to mainstream understanding of the global economy. Certain concepts developed in Marxian economics, especially those related to capital accumulation and the business cycle, have been fitted for use in capitalist systems; one such example is Joseph Schumpeter's notion of creative destruction." (emphasis mine)

Now of course, you're right inasmuch as even the mere mention of Marx will get you tarred and feathered by the right wing.

That doesn't mean intelligent people should restrict their reading and information gathering to only resources deemed "acceptable" by the pearl clutching right.

Recommendations

0 members have recommended this reply (displayed in chronological order):

the proud boys will not be at our doors to discuss graduate school philosophy rampartd Yesterday #1
lol - grad school philosophy? TBF Yesterday #23
The response was about likelihood of an academic discussion with Proud Boys and MAGAts Roy Rolling Yesterday #94
The point was the content, not the reading level. nt TBF Yesterday #95
But only in groups! enigmania 23 hrs ago #103
When talking to the immature, one must speak at their level. liberal N proud 22 hrs ago #104
I thought dems were socialist? Now we are communists? Do they know ,? Srkdqltr Yesterday #2
i got called a communist pinko pig in high school by my rop instructor. i wear thatt badge proudly!!!!!! AllaN01Bear Yesterday #40
There isn't a Republican alive who knows the damn difference anymore, if they ever did. They've been pushing this shit Karasu Yesterday #96
Yes i know. Srkdqltr Yesterday #99
I have heard MAGAts use them together describing Democrats liberal N proud 22 hrs ago #105
Exactly! LakeVermilion Yesterday #3
"I'm becoming a believer in a flat income tax rate for everyone with no deductions." MichMan Yesterday #12
You'd be surprised what the "investor class" - TBF Yesterday #24
I'm in. Joinfortmill Yesterday #34
The rich typically have little "income" as it is defined in the tax code. harumph Yesterday #15
This is exactly why we need and must implement a wealth tax in place of the income tax... Moostache Yesterday #35
I could not have elaborated on this better. harumph Yesterday #41
How would total wealth be calculated? MichMan Yesterday #65
First off you'd need to define "wealth" - TBF Yesterday #75
So, we don't want people to associate Democrat with Communist, but reference the writings of Karl Marx ? MichMan Yesterday #76
Lol - I have never disparaged Marx - that's all you TBF Yesterday #77
Marx correctly diagnosed a problem - even though the proposed cure was no good. harumph Yesterday #80
I'd be happy with simply going after financial assets. KPN Yesterday #97
Excellent summary of where we're at. nt TBF Yesterday #73
hence "the rich need to pay their fair share in taxes" Skittles Yesterday #86
A flat tax harms the poorest of us the most Bettie Yesterday #56
100%. nt TBF Yesterday #85
I don't think it's anything to get worked up about Kaleva Yesterday #4
Even fewer know what an oligarch is. MichMan Yesterday #53
With probably little effect Kaleva Yesterday #71
If you are explaining why you aren't a communist, you are losing. gab13by13 Yesterday #5
So let Fox the GOP give you a label and do nothing so it sticks with idiot voters Chasstev365 Yesterday #9
I'm a Democrat, I support Democrats gab13by13 Yesterday #79
Calling them idiots and ignoring them hasn't exactly been working for the past 30 years either. meadowlander Yesterday #93
Personally, I would just LMAO..... lastlib Yesterday #6
Simple explanation: There are some things we can agree to share the cost of - Ocelot II Yesterday #7
We currently have all of that under the current status quo MichMan Yesterday #52
Yes, but the whole point is to avoid calling any of it socialism, Ocelot II Yesterday #91
I'm not a pedophile! (Logic and discussion are cbabe Yesterday #8
Easier: "Define communist/communism". No? Bye." niyad Yesterday #10
Exactly. He who's explaining and defining... is losing. QueerDuck Yesterday #67
Actually, that was not what I meant at all. When someone uses those niyad Yesterday #100
Yes. My point was to agree with you... that Democrats (or liberals, or progressives) should... QueerDuck Yesterday #102
Not afraid of Randall (republicans) anymore Blue Full Moon Yesterday #11
I say they've only won 3 primaries out of the whole country creeksneakers2 Yesterday #13
But they are using a handful of candidates who call themselves socialists. SamuelAdams Yesterday #14
They call themselves Democratic Socialists, not Socialists Wiz Imp Yesterday #18
lol - they'll just come up with something else to call them TBF Yesterday #26
The upcoming general election will pit candidates with an "R" behind their name against candidates with a "D"... Escape Yesterday #16
Don't say New Deal SocialDemocrat61 Yesterday #17
I always say I like the Nordic model. That usually shuts them up. Joinfortmill Yesterday #36
Nordic? SocialDemocrat61 Yesterday #42
Oh, for heaven sakes. Joinfortmill Yesterday #54
Shouldn't we recognize SocialDemocrat61 Yesterday #58
I'm talking about the economic sytem... Joinfortmill Yesterday #64
And the term Nordic SocialDemocrat61 Yesterday #68
I didn't create the name. It can be used to develop a basis Joinfortmill Yesterday #69
So why shouldn't we come up with a better SocialDemocrat61 Yesterday #72
Editorial or a cite? Torchlight Yesterday #59
Both and neither SocialDemocrat61 Yesterday #60
Editorial. Torchlight Yesterday #61
Yes, SocialDemocrat61 Yesterday #62
Or anyone else under 100 years old. BannonsLiver Yesterday #82
More importantly, a majority of Americans don't know what the New Deal is. progressoid 19 hrs ago #106
Very true SocialDemocrat61 10 hrs ago #109
It really should not be hard to show people why they should be way more afraid of billionaires and... Ol Janx Spirit Yesterday #19
Sounds good in theory BUT, Dave Id Yesterday #20
Agree. When someone refuses to accept basic facts and reality, there spooky3 Yesterday #31
How about this angle MoseShrute Yesterday #21
Given current beef, coffee and gas prices Torchlight Yesterday #22
I don't believe in capitalism Farmer-Rick Yesterday #25
Exactly capitalism needs poor people in order for that system to exist Alpeduez21 Yesterday #29
Gee, there are some capitalist countries out there with robust safety nets... harumph Yesterday #90
Exactly right. Those countries have the "safety nets" but very few folks are falling into them. FadedMullet Yesterday #101
Here's the problem with capitalism Farmer-Rick 10 hrs ago #110
Yet, there appear to be many countries that somehow successfully regulate their particular capitalist system harumph 7 hrs ago #111
Maybe the Dems in charge could get on board with the reality that socialist Dems are what the voters want Alpeduez21 Yesterday #27
Communism for billionaires keeps the oligarchs afloat bucolic_frolic Yesterday #28
"In Communism, the government owns businesses (the means of spooky3 Yesterday #30
A 5th Grader could look up and understand the definition of "communist" William Seger Yesterday #32
I like it. Short and simple. Even these bums can get it. Joinfortmill Yesterday #33
Actually just let him ramble Blue Full Moon Yesterday #37
Stop telling people you are a socialist Boo1 Yesterday #38
Way Simpler ProfessorGAC Yesterday #39
Nope. Being affirmative with an unassailable label... reACTIONary Yesterday #46
Nope - What I Said Is Not A Denial ProfessorGAC Yesterday #63
What about both? The accusations about communists are stupid lies..... reACTIONary Yesterday #74
That's Pretty Good ProfessorGAC Yesterday #78
How defensive. That's a losing approach. David__77 Yesterday #43
As opposed to what? What would your approach be? reACTIONary Yesterday #47
Go on the attack on something else. David__77 Yesterday #83
So, do a "pivot" to avoid .... reACTIONary Yesterday #87
Yes he wants to play word games instead of talking about material issues David__77 Yesterday #88
Excellent! Avoid the socialist smear.... reACTIONary Yesterday #44
No Cirsium Yesterday #45
Found this on Facebook catbyte Yesterday #48
Time to call Trump/GOP Nazis DemocracyForever Yesterday #49
Great advice, totally logical and reasonable. But MAGAts will never accept the Democrats aren't communists because Martin68 Yesterday #50
Hand them a dictionary? krawhitham Yesterday #51
We also need to attack: Here are three reasons why we say the Republican Party has been taken over by fascists... Doodley Yesterday #55
Dem counties produce 70% of US economy. GOP counties contribute just 29%. blm Yesterday #57
Keep it simple Blumancru Yesterday #66
You're going to be a "communist" to them no matter what you say ck4829 Yesterday #70
This. Been that way for like 80 years. Why are people acting like this is news? This is the oldest trick in the book. Karasu Yesterday #98
Jesus H Christ BannonsLiver Yesterday #81
also add... mdbl Yesterday #84
Basically a Democratic Capitalist. hadEnuf Yesterday #89
Stay clear of Party for Socialism and Liberation. They are the communist party and trying infiltrate the LeftInTX Yesterday #92
I like it. Timeflyer 11 hrs ago #107
"Tell me exactly what is so radical about that?" OldBaldy1701E 11 hrs ago #108
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