Was Marx right after all?

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

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3 Comments

  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

    Comment by Jan Milch— 7 Sep, 2021 #

  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.

    Comment by peterblogdanovich— 6 Sep, 2021 #

    • 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?

      Comment by rsm— 6 Sep, 2021 #


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