Tag Archives: Karl Marx

Frank Li is a Chinese ex-pat that settled in America after receiving a PhD in the US. He is an electrical engineer and entrepreneur.His take is informed from both the Chinese and American (Western) points of view and he offers a reasonably objective analysis in comparison to the largely one-sided and ill-informed one that one generally encounters in the West. His work covers the social, political and economic spectrum but this one focuses on economics. The dramatic rise of China over the...

The lump-of-labor fallacy CLAIM is the wage-fund doctrine in disguise. The fallacy claim's conclusions about the ultimate futility of workers' demands are indistinguishable from the doctrine's conclusions. Only the premise from which those conclusions are deduced has been altered. Instead of asserting a certain quantity of work to be done, the fallacy claim attributes that fixed assumption to a designated scapegoat: workers, unions, populists. The claimants' own assumptions are left...

First there was the Great Gatsby curve. Then there was the Proust index. Now, thanks to Neil Irwin, we have the Marx ratio. Each, in their different way, attempts to capture the ravages of contemporary capitalism. But the Marx ratio is a bit different. It was published in the New York Times. Its aim is to capture one of the underlying determinants of the obscene levels of inequality in the United States today—not class mobility or the number of years of national income growth lost to the...

Econospeak Everything You Would Learn about Marxism If You Were Subjected to Two of My Lectures Peter Dorman | Professor of Political Economy, The Evergreen State College Magpie's Asymmetric Warfare Unfrequently Asked Questions: Marx and Marxism (i) Magpie International Socialist ReviewMarx and Engels...and Darwin? The essential connection between historical materialism and natural selection Ian Angus MROnlineKarl Marx: India’s freedom struggle too was influenced by Marxism...

One ring to rule them all.East Asia Forum (Australia)China’s state media is going global Zi Yang, RSIS also I wonder how they are going to explain China's rise only after abandoning Mao's strict Marxism-Leninism for Deng's introduction of markets. Socialism with Chinese characteristics, I guess. Defend Democracy Press Meeting Marx: Chinese youth dig Marxism’s appeal Xinhua

Karl Marx, the committed revolutionary, once proved that the revolution need not happen. What did he do next?Marx was a committed revolutionary, so much so that when reflecting on his life, he said that if he had it all to do over again, he would still be a revolutionary but would not marry, to save his wife from having to suffer the privations of life with him. There were, of course, many committed revolutionaries in the 19th century. What set Marx apart from them all was that he had...

Good summary of the basic Marxist world view, which Marx got essentially correct in my view. It's what we now call economic sociology/anthropology. In my view also, economic sociologists and economic anthropologists are much closer to getting it right than theoretical economists, most of whom have lost the big picture by overly limiting the scope and scale of their inquiry.NewsClick (India)Karl Marx And His Conception Of History Irfan Habib (Irfan means wisdom, gnosis in Arabic. Habib...

Positive. Michael Roberts BlogMarx and Keynes in BerlinMichael Roberts The ConversationKarl Marx: ten things to read if you want to understand him James Muldoon, Lecturer in Political Science, University of Exeterand Robert Jackson, Lecturer in Politics, Manchester Metropolitan University Negative. BloombergRemember Marx for How Much He Got Wrong Noah Smith, Contributor Grasping RealityUnderstanding Karl MarxBrad DeLong | Professor of Economics, UCAL Berkeley Neutral Collège de...

Marx gets and update with Chinese characteristics. In contemporary China, guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, the scientificity and truthfulness of Marxism has been fully tested, its people-oriented approach fully implemented, and its openness and epochal character fully manifested. Xi's thought therefore is a development of Marxism, which is applicable to today's China. Ecns —China DailyXi's thought a development of Marxism Zhang...

Monthly ReviewThe Multiple Meanings of Marx’s Value Theory Riccardo Bellofiore The Guardian — The Long ReadYanis Varoufakis: Marx predicted our present crisis – and points the way out Yanis Varoufakis vox.euMarx and modern microeconomics  Samuel Bowles YouTubeMark Carney warns robots taking jobs could lead to rise of Marxism Michael Roberts BlogMarx 200: Carney, Bowles and Varoufakis Michael Roberts Michael Roberts BlogManagers rule, not capitalists? Michael Roberts Naked...