The Revenge of Karl Marx

Marx did not believe in the existence of any such organism as “the economy.” What he postulated, and what made him different from any previous theorist of materialism whether historical or dialectical, was a sharp distinction between the forces and the relations of production. Full Story »

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Morton Kurzweil
by Morton Kurzweil - Mar. 22, 2009

Price is what is necessary for people to buy. Value is what people are willing to pay at any price, including debt and labor.

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