4 ms·
I find it amusing since Marx is basically a mirror image of Neoclassical economics (the dominant strain in American academia today). They're both awful at maki
by crdoconnor 13y ago
I find it amusing since Marx is basically a mirror image of Neoclassical economics (the dominant strain in American academia today).
They're both awful at making predictions. They're both highly ideological. They're both highly unscientific (making non-disprovable assertions).
When applied religiously, both lead to horribly broken economic outcomes.
And, ultimately, they both perform similar roles for the dominant power structures of their day. Marxism was taught in the Soviet Union to promote the Soviet State and economic system. Neoclassical is the intellectual justification of our neoliberal system.
Both have interesting parts which it is possible to learn from, but they're basically both the ideological opinion forming apparatus of the state.
It's not wise to point this out in polite company, however. People get upset.