Tag Archives: summary

A few years ago, in a televised chat with other French progressives, Benoît Hamon succinctly exposed the essence of our troubles in Europe: “[EU] governments may change,” he said, “but not the policies”. Since then, the Socialist former Education minister has been developing policy proposals to help steer both the EU’s second-largest economy and the European project away from its current destructive socioeconomic spiral. From his calls for universal income and proposals for humanitarian...

The Austrian economist Eugen von Böhm-Bawerk’s critique of Marx can be found in his essay “Zum Abschluss des Marxschen Systems” (1896), which is available in an English translation as “Karl Marx and the Close of His System” in Böhm-Bawerk (1949: 3–120).Paul M. Sweezy summarises Böhm-Bawerk’s case against Marx: “After a brief introduction, he devotes two chapters to setting out Marx’s theories of value, surplus value, average rate of profit, and price of production—‘for the sake of...