[Marxism] Is the bailout "Marxist"?
Dan Russell
proletariandan at gmail.com
Wed Oct 1 11:11:48 MDT 2008
<During that manic phase, everybody seems to believe that the boom will
go on. Only the Austrians warn that it cannot last forever, as Friedrich
Hayek and Ludwig von Mises did before the 1929 crash, and as their
followers have done for the past several years.>
I'm always amazed that these so-called economists have not only clearly NOT
read Marx, but don't even have a basic understanding of his critique of
capitalism, only a misguided view of his prescriptions for overcoming it. I
have to submit a proposal for a paper in my international political economy
class shortly and this will likely be its focus.
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