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> Economists use the word "capital" without making reference to Marx. Marx didn't come up with that word, it had a meaning in classical economics since Adam Smi
by dopu 7y ago
> Economists use the word "capital" without making reference to Marx. Marx didn't come up with that word, it had a meaning in classical economics since Adam Smith (and maybe before).
How does this refute OP's point? They're really just pointing out how absurd it is that a study on wealth inequality and class fails to even consider the Marxist perspective. Genuine scholarly negligence.
> This is also bizarre. Piketty does have a theory about "why inequality is so rampant in the first place". He just thinks we can change the laws and fix it!
OP isn't arguing that Piketty has no theory -- just that it's a pretty naive one. A Marxist perspective understands that "changing the laws to fix it" is not enough. The state is dependent on the bourgeoisie for its survival (see [0]), and will thus bend to their demands. So long as we have no organized and militant labor movements (and labor parties to represent them), the working class will have neither leverage over the state nor the means to enact their demands.
[0]: https://en.wikipedia.org/wiki/Marx%27s_theory_of_the_state#The_Communist_Manifesto_and_The_German_Ideology https://en.wikipedia.org/wiki/Marx%27s_theory_of_the_state#T...
- leftyted 7y ago> How does this refute OP's point? They're really just pointing out how absurd it is that a study on wealth inequality and class fails to even consider the Marxist perspective. Genuine scholarly negligence. I don't know how to break this to you...but you not everyone accepts the Marxian viewpoint. It's utterly bizarre to speak of "genuine scholarly negligence" when you mean "difference of opinion". > OP isn't arguing that Piketty has no theory -- just that it's a pretty naive one. A Marxist perspective understands that "changing the laws to fix it" is not enough. Right, and Piketty says it is. You (and the original poster) have a serious problem distinguishing between disagreement and being wrong.