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Showing posts with the label "Karl Mark"
"We can only wonder what Marx might have thought or said to Jones. Four years earlier in the  Manifesto , he and Engels had considered Western imperialism as a progressive and beneficial force drawing underdeveloped societies into bourgeois civilization. He was now collaborating with someone who held the opposite opinion, a situation that pulled him toward what his Hegelian training would have recognized as a position of immanent criticism — that is, criticism that submits to and appropriates the very premises of a competing standpoint in order to transcend it dialectically." The evolution of Marx's thinking on colonialism Further reading Marxism Orientalism Cosmopolitanism by Gilbert Achcar
"The vulgar economists of capitalism have tried to deny this contradiction of capitalist production ever since it was hinted at by the likes of Sismondi, and logically suggested by the law of value based on labour, first proposed by Adam Smith and David Ricardo. The apologists dropped classical theory and turned to a marginal utility theory of value to replace the dangerous labour theory.  They turned to equilibrium as the main tendency of modern economies and they ignored the effect of time and change.  Only the market and exchange became matters of economic analysis, not the production and exploitation of labour." Grossman on capitalism's contradictions