Tag Archives: Robert Heilbroner

If you are interested in Marx.Speaking as a philosopher commenting on Marx as a philosopher more than he was an economist, I think that Matias Vernengo gets is about right. He is in agreement with John Kenneth Galbraith on it.Marx was a materialist ontologically. He had written his doctoral dissertation on Greek materialism.  He looked forward to occupying a chair in philosophy at a university as a career. His political activism obviated this, and he was forced to go into exile to more...

Read these two posts together. Art brings up an interesting issue. Why can capitalism not survive in a no-growth world? Because that's how we set it up. If we set it up differently, it would work differently. If we designed economic policy for a no-growth world, we could live in a no-growth world. You see it in economic models all the time. We're almost there now, actually. We live in an almost-no-growth world, right? And yes, things are not very good. And even I have been calling for (or...