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this post was submitted on 02 Aug 2024
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Much as I love a good dunk on the tankies, I find Marxism a bit lackluster in this day and age.
Marx was an important thinker for his time, and made important insights on the nature of capitalist economies, but he also lived over 100 years ago. Practically the entire field of economics developed after this point, not to mention a lot of relevant history and struggle related to his ideas.
So go ahead, read Marx, read Lenin, read whoever. But place them in the proper historical context. We’ve learned much about the world since these people lived, and the world has changed as well. They weren’t prophets whose sacred words we must follow, just a few voices among many. Take what is true and useful and discard what has been disproven.
David Ellerman's modernization of the classical laborists' argument against capitalism is significantly more powerful than modern Marxism.
Marx's claim that private property is the root of capitalist appropriation has been disproven in modern theories of capitalism's property rights structure. Private property plays a role in giving bargain power to get favorable terms, but the ultimate legal basis of capitalist appropriation is the employer-employee contract
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