3 ms·
> one of the main errors in Karl Marx’s theories Another one being the Intrinsic Theory of Value which he borrowed from Adam Smith. Marx allegedly postponed th
by gdfgdsf 2y ago
> one of the main errors in Karl Marx’s theories
Another one being the Intrinsic Theory of Value which he borrowed from Adam Smith. Marx allegedly postponed the publication of the 2nd volume of his Das Capital, when he learned about Marginalism, as it would require a complete revision of his theory, but died before he could do it. Von Mises writes that if that's true, Marx was way smarter than his followers.
- philipwhiuk 2y ago> Marx was way smarter than his followers Well that's generally the case, I'd sort of be surprised if he weren't.
- datavirtue 2y agoThe list of technologies adopted by the entire tech industry that are far removed or completely miss the point of their inventor is very long.