This analysis explores how Karl Marx's theories illuminate the hidden dynamics of modern technology corporations and platform capitalism. Discover how concep...
I see I failed here. Damn that autocorrect. But I will take the consequences of my failure. My shame is bitter. (Yes I’m talking out of my ass here, but not in my criticism of Marx) Give me a mathematical equation or economic law proposed by Marx. Not a stump speech, but something that uses math that can be proven or disproven.
For example, ROI on government investment (which includes tax cuts) can be calculated quite accurately. Anything under a 1.0 is a loss. The projected ROI can be checked with the final ROI and economists propose theories as to why it was incorrect using new mathematical models that then have to be proven or disproven. I don’t remember seeing anything like that in Marx’s work. His was all stump speech that evokes strong feelings of camaraderie and unification. But I am always open to learning. Provide me the math he proposed and its results (the accuracy of those predictions). Not just ideas.
Oh man people, stop falling for the bait! This is basic stuff! Like come on, this guy is talking like ROI is some hard concept, clearly nothing you say will not go over his head.
For fuck’s sake read something other than the Manifesto.
Marx wrote 2 and a half volumes of what was at the time the most up to date state of classical economic theory, incorporating all of the previous theories of classical economy, and providing further real world scientific economic evidence (with what was available at the time) for theories that had been previously established. Literally, his economic proof for the labor theory of value is literally just providing concrete evidence for what was at the time Adam Smith’s labor theory of value, responding to the emerging neo-classical liberal theorists that sought to obscure the insights of the foundational works of Smith and Ricardo, the neo-classicals have just convinced you that it was Marx’s because Marx=bad/dangerous. Marx was literally the first person to do this kind of in-depth non-vibes based political-economic analysis and it is because of this he was recognized as a genius by others who didn’t seek to obscure the economic relationship between labor and capital.
His activism and agitation was driven by his belief in the scientific progression of socialism, that capitalism can either progress towards socialism and empower and free the productive class or it will stagnate to barbarism and simply enrich the ownership class of whom the classical mechanisms of the market that drive production will break down into a monopoly and renters economy, stagnating production and growth, based on the very economic mechanisms that were first elucidated by Smith, and then expanded on by Ricardo and Marx.
I see I failed here. Damn that autocorrect. But I will take the consequences of my failure. My shame is bitter. (Yes I’m talking out of my ass here, but not in my criticism of Marx) Give me a mathematical equation or economic law proposed by Marx. Not a stump speech, but something that uses math that can be proven or disproven.
For example, ROI on government investment (which includes tax cuts) can be calculated quite accurately. Anything under a 1.0 is a loss. The projected ROI can be checked with the final ROI and economists propose theories as to why it was incorrect using new mathematical models that then have to be proven or disproven. I don’t remember seeing anything like that in Marx’s work. His was all stump speech that evokes strong feelings of camaraderie and unification. But I am always open to learning. Provide me the math he proposed and its results (the accuracy of those predictions). Not just ideas.
https://www.marxists.org/archive/marx/works/1881/mathematical-manuscripts/index.html
Oh man people, stop falling for the bait! This is basic stuff! Like come on, this guy is talking like ROI is some hard concept, clearly nothing you say will not go over his head.
Not everything you disagree with is click bait. This is Lemmy for hells sake. It’s not like I’m hiring myself out for a dozen clicks.
This is conversation. I have seen some really good responses, and some not so much.
ROI can be calculated to a fairly high accuracy in almost every instance. That is one that is definitely not a soft idea. Pick up a textbook.
lol you haven’t even opened capital, have you?
For fuck’s sake read something other than the Manifesto.
Marx wrote 2 and a half volumes of what was at the time the most up to date state of classical economic theory, incorporating all of the previous theories of classical economy, and providing further real world scientific economic evidence (with what was available at the time) for theories that had been previously established. Literally, his economic proof for the labor theory of value is literally just providing concrete evidence for what was at the time Adam Smith’s labor theory of value, responding to the emerging neo-classical liberal theorists that sought to obscure the insights of the foundational works of Smith and Ricardo, the neo-classicals have just convinced you that it was Marx’s because Marx=bad/dangerous. Marx was literally the first person to do this kind of in-depth non-vibes based political-economic analysis and it is because of this he was recognized as a genius by others who didn’t seek to obscure the economic relationship between labor and capital.
His activism and agitation was driven by his belief in the scientific progression of socialism, that capitalism can either progress towards socialism and empower and free the productive class or it will stagnate to barbarism and simply enrich the ownership class of whom the classical mechanisms of the market that drive production will break down into a monopoly and renters economy, stagnating production and growth, based on the very economic mechanisms that were first elucidated by Smith, and then expanded on by Ricardo and Marx.