Was Marx right after all?

6 Sep, 2021 at 18:33 | Posted in Economics | 3 Comments

.

3 Comments »

RSS feed for comments on this post. TrackBack URI

  1. “Je ne suis pas marxiste” – Michael Heinrich

    Michael Heinrich one of the best Marx scholars in the world, argues that Marx was not looking for a `Marxism´ as an identity-defining `truth´. Rather, he was more interested in the critical activity of undermining certainty.

    http://libcom.org/library/%E2%80%9Eje-ne-suis-pas-marxiste%E2%80%9C

  2. Steve Keen is right.
    Richard Werner is right. A few big banks blow life threatening bubbles by funding wasteful speculation.
    Too few small banks invest too little in small firms.
    So real innovation by real entrepreneurs falters.

    • Why should bubbles be life-threatening? Hasn’t the Fed proved it can insure against panics? Why can’t the Fed insure against inflation by selling inflation swaps, and paying inflation as interest on individual Fed deposit accounts, to encourage individual savings if inflation rises unwantedly?


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Blog at WordPress.com.
Entries and Comments feeds.