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That sounds like something a socialist would say.
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Thanks but I dont have an account in the Cambridge Journal of Economics, could you upload it to some free server?
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Could someone give me a link to the paper, please? I really want to read it. Thanks.
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Are they completely different concepts or do they hold some similarities?
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Only if you fail to udnerstand what Marx is saying, which, if you read what Marx is saying instead of reading what you want him to say then it makes perfect sense. Sounds like bullshit...
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What a shock, when confronted with what Marx actually said, you guys have nothing to say. Namely because there are no strawmen here to tear down. I honestly cant blame anyone for not wanting to asnwer this thread, I mean so many great thinkers have already refuted Marx to the point of nausea.
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Capitalist Economics holds true to its nature, despite Political variations, it seems. What is the true nature of Capitalism? I always wanted to know.
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How would a capitalist extract the surplus value from his workers? Wow XD
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I think Austrian economics appeals to the economically illiterate because it's not a rigorous science. Its outright rejection of empirical evidence, refusal to make use of econometric and statistical methods, and lack of mathematical formalization allows anyone with a moving pie hole to join in the debate. This is more than just being a dick, this
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look at pinochet in chile Chile was so bad with free market reforms and economic liberalization that the civilian authorities that came later continued such policies, and by the way Chile now has a classical liberal pro-free market president.... dont talk about topics you dont know nothing about. the market liberalisation of russia took two decades