this post was submitted on 20 Apr 2024
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chapotraphouse
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This guy is this weird Liberal that loves to rediscover things Marxists have known for a century and, because he's a liberal, will refuse to follow any of these things to their logical conclusion
Credit to him for laying it out in plain detail with lots and lots of research. Also popularizing it. Capital in the 21st Century is the only book on a piece of economic research that I've seen people reading on the bus. More than once.
Yes, but Says and Ricardo did talk about what he mentions here rudimentary, too. Marx, but also later empirical economists and political economists more than 50 years ago did highlight that, too.
Maybe I'm an idiot but Imho Marx basically solved economics. Sure some adjustments for different situations but the core is more or less a lawof economics, as in a law of physics.