Marxist economics
Accumulation of wealth at one pole is, therefore, at the same time accumulation of misery, agony of toil, slavery, ignorance, brutality, mental degradation, at the opposite pole
- Karl Marx
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Marxism vs libertarianism: The Economic Calculation Problem
Adam Booth uses the method of Marxism to dispel the economic fantasies of right-wing libertarians, which boil down to a defense of the ruthlessness of the free market and capitalism.
Marx, capitalism’s apologists, and the immiseration of the working class
The present crisis is a stark vindication of the ideas of Karl Marx, who long explained that capitalism produces an accumulation of wealth at one pole, and an accumulation of misery at the other. This rotten system must be overthrown.
The Social Dilemma: Big Tech’s mea culpa moment
Netflix documentary The Social Dilemma details the adverse effects of social media on our lives. Although the film helps shine a light on the murky practices of Big Tech, it fails to offer any real solutions to the problems it identifies.