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Noahpinion @noahpinion.blogsky.venki.dev

Should economists read Marx?

jan 13, 2025, 9:13 am • 29 3

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Umbrarchist @umbrarchist.bsky.social

Karl Marx used the word 'depreciation' 35 times in the first two volumes of Das Kapital. Automobiles had not been invented. So where is the data on the annual depreciation of automobiles since Sputnik? Is that relevant to GDP? Did Keynes ever see a TV commercial for cars? Did his car depreciate?

jan 14, 2025, 12:42 am • 0 0 • view
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David Pancost @dave11281947.bsky.social

Everyone should, but early Marx, because his ideas of alienation & reification are hardy perennials. Patrick Deneen reinvents both, blaming not just capitalism but also democracy & individualism. Knowing Marx helps in understanding such "thinkers."

jan 13, 2025, 1:51 pm • 1 0 • view
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Alucard (悪魔城下町) @akumajoukamachi.bsky.social

Economists should play Sim City and Harvest Moon.

jan 15, 2025, 3:16 pm • 0 0 • view
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Umbrarchist @umbrarchist.bsky.social

Possibly do Algebra.

jan 15, 2025, 6:29 pm • 0 0 • view
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Sonja Dahl @sonjadahl.bsky.social

This is my favorite Marx quote, written in 1861 while he was working as a journalist in London and covering the US Civil War:

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jan 13, 2025, 2:09 pm • 2 0 • view
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Sonja Dahl @sonjadahl.bsky.social

It's the best reply to the Confederate statue supporters who claim we would also need to tear down the Founder's statues as well. Marx clarifies the difference.

jan 13, 2025, 2:11 pm • 2 0 • view
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Umbrarchist @umbrarchist.bsky.social

But my history teacher looked me straight in the eyes and said that the Civil War was not about slavery. Of course I only got C's in history.

jan 14, 2025, 12:47 am • 0 0 • view
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Gilbert @tinpottop.bsky.social

I think the Confederate statue supporters will only be emboldened by a negative quote from the OG commie Marx.

jan 13, 2025, 6:10 pm • 0 0 • view
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Sonja Dahl @sonjadahl.bsky.social

Not the quote itself, but the argument Marx makes, which is sound.

jan 13, 2025, 9:16 pm • 0 0 • view