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When I say anti-economic, I mean anti-economic-development, as in the ideas of Marxism being incongruent with the truths of social and market reality, and thus
by CryptoPunk 9y ago
When I say anti-economic, I mean anti-economic-development, as in the ideas of Marxism being incongruent with the truths of social and market reality, and thus highly disruptive to an environment where society can organise itself to meet people's economic needs.
There is a wide consensus in the field of Economics that central economic planning is fundamentally flawed as a system of economic organisation. This flaw relates to the nature of knowledge and its distribution throughout society. In my opinion, Marxism's conceptual shortcomings are why it has been associated with so much misery over last century and a half.
A biblical verse is unusually apt in this case:
"Beware of false prophets, who come to you in sheep’s clothing, but inwardly they are ravenous wolves. You will know them by their fruits."