Sunday , December 22 2024
Home / Mike Norman Economics / The Dialectic and why it matters to Marxists

The Dialectic and why it matters to Marxists

Summary:
Revealing expose on the methodology that non-science people are trained to think within... Eric Ruder: The #dialectic and why it matters to Marxists http://t.co/agu61OYiZ9 #Marxism — Critical Reading (@CriticalReading) July 9, 2015 For centuries stretching back to the ancient Greeks and culminating in the scientific revolution of the Enlightenment era, the development of scientific knowledge about the world had largely consisted in breaking up everything in the world into discrete parts, defining what's essential to each part, and making a record of these properties.  The aim was to separate the objects under investigation into ever-more specific classifications. One good example is the way of defining biological organisms on the basis of shared characteristics and assigning them to

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Mike Norman writes Trade deficit

Mike Norman writes Bond market now pricing in one 25 bps rate cut by Fed in 2025

New Economics Foundation writes What are we getting wrong about tax

Sandwichman writes The more this contradiction develops…


Revealing expose on the methodology that non-science people are trained to think within...

For centuries stretching back to the ancient Greeks and culminating in the scientific revolution of the Enlightenment era, the development of scientific knowledge about the world had largely consisted in breaking up everything in the world into discrete parts, defining what's essential to each part, and making a record of these properties. 
The aim was to separate the objects under investigation into ever-more specific classifications. One good example is the way of defining biological organisms on the basis of shared characteristics and assigning them to ever more specific categories--domain, kingdom, phylum, class, order, family, genus and finally species. 
The philosophical underpinning of this pursuit of knowledge was grounded in the empirical method, which guided the scientific inquiry into the interactions conceived of as external to these discrete and now well-defined entities. 
The law of identity was critical to the project: A thing is always equal to or identical with itself. Or stated in algebraic terms: A equals A. One corollary of the idea that A is always identical to A is that A can never equal not-A. 
But the law of identity troubled Hegel...

No wonder things are so screwed up...

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *