The Era of Living Dangerously

[slapout9]

While I don't agree with Marx on capital and its evils, he wasn't totally out to lunch economically speaking -- politically, he was just overly hopeful.

Politically.....he was nuts

Economically his market value theory vs. his labor value theory was spot on and I never new why people thought it was bad or radical. All the man said was. Some People make Products to make Profits/Some People make PAPER to make Profits. Whenever the right side becomes unbalanced (make more money with Paper as opposed to Products) the people will rise up. I could never understand what is so radical or un-American about that? To me that is exactly the problem we have today. Marx was not really anti-business.....he was anti-Wall Street bank. His solution was to Nationalize the banking system to SUPPORT Production(business). You have to have Production before you can have Consumption. Never understood the big deal myself. "Ike" understood it perfectly.