Labor vs Capital after thousands of years
Labor was always around, we didn’t have an explosion of wealth and earnings per person until capital was introduced.
Tag: karl marx
Let’s take another look at the labor theory of value
The labor theory of value is at the cornerstone of every economic scheme hatched by all the different flavors of Marxists. Due to some of…
Left’s anti free speech mentality is also rooted in Marxism.
Marx didn’t just right about economics, indeed he had an entire philosophy, which in fact influenced his economics and his politics. Leftists have explicitly adopted…
Ayn Rand, why people embrace collectivism
“People are not embracing collectivism because they have accepted bad economics. They are accepting bad economics because they have embraced collectivism.”
Ayn Rand on Fallacies of Socialism
“The fallacies and contradictions in the economic theories of socialism were exposed and refuted time and time again, in the Nineteenth Century as well as…
Why is AOC touting Marx’s defunct Labor Theory of Value?
Alexandria Ocasio-Cortez recently said “No one ever makes a billion dollars. You take a billion dollars.” When asked to elaborate she explained that billionaires do…
