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In many ways Marx works are continuation of Adam Smith's, who is explicitly calling against "rent extraction" and that landlords are curse on society and econom
by p_l 3y ago
In many ways Marx works are continuation of Adam Smith's, who is explicitly calling against "rent extraction" and that landlords are curse on society and economy - which in mostly agrarian economies meant landlords held the means of value of production.
It's very ironic to later see fervent defense of rent seeking under the banner of "Adam Smith Institute" (at least an org named so locally) :/
- FrustratedMonky 3y agoHave to agree. The Right, worship Adam Smith, and Hate Marx. But when I read Adam Smith, it sounds kind of what would be called socialist from the right. Marx was doing economic theory. He was paid to write the 'C Manifesto'. Not that he didn't also believe, but he did do actual economic work, it wasn't just all propaganda calling for a revolution. There was theory behind it.