▲ | JumpCrisscross 2 days ago | |
> Marxism and Marxist theory has made prescient points about capitalism that have repeatedly been confirmed in the past ~200 years Sort of? Marxism is like economic phlogeston. It’s experimentally predictive to many extents. But it gets some basics wrong and is superseded in its entirety by better models, particularly for information-age and increasingly-automated economies. |