Marx built his infamous labor theory of value on the premise that labor itself was a commodity. However, as Mises and other Austrians have noted, Marx failed
Between the fact there there isn’t any quoting or additional context of anything Karl Marx wrote, and that the Mises Institute and its founder Lee Rockwell are historically supportive of the Confederacy, I would argue this source isn’t a good representation of legitimate critiques of socialist economics.
Between the fact there there isn’t any quoting or additional context of anything Karl Marx wrote, and that the Mises Institute and its founder Lee Rockwell are historically supportive of the Confederacy, I would argue this source isn’t a good representation of legitimate critiques of socialist economics.
Oh yeah, quote Marx for us. Open up the book of Marx and read us scripture relating to this topic.