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Michael Roberts — blogging from a marxist economist Engels on nature and humanity

Summary:
Marx tends to get all the credit and garners of the opprobrium, too. But Engles also made significant contributions, both to Marx's thinking and also in his own right. He did a lot more than pay Marx's bills so he had freedom to do research and write. Michael Roberts points out that Marx and Engels also were ecological economists and environmental economists as well as classical economists analyzing economic rent and rent-extraction as the basis of capitalism in a way similar to feudalism but also different from it owing to the difference in conditions of material production. Worth a read now that alternatives are under discussion and options under consideration. Michael Roberts Blog — blogging from a marxist economist Engels on nature and humanity Michael Roberts

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Marx tends to get all the credit and garners of the opprobrium, too. But Engles also made significant contributions, both to Marx's thinking and also in his own right. He did a lot more than pay Marx's bills so he had freedom to do research and write.

Michael Roberts points out that Marx and Engels also were ecological economists and environmental economists as well as classical economists analyzing economic rent and rent-extraction as the basis of capitalism in a way similar to feudalism but also different from it owing to the difference in conditions of material production.

Worth a read now that alternatives are under discussion and options under consideration.

Michael Roberts Blog — blogging from a marxist economist
Michael Roberts
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.

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