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In 1848 Marx wrote this in the Communist Manifesto: "Our epoch, the epoch of the bourgeoisie, possesses, however, this distinct feature: it has simplified class antagonisms. Society as a whole is more and more splitting up into two great hostile camps, into two great classes directly facing each other — Bourgeoisie and Proletariat."
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The citation should be in Rothbard's For a New Liberty work.
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Drink up me heartiees yo-ho! This is why I love the Mises institute, always creating, always improving, always formulating new commodities for the market. By the way, loved your podcast on Dissident Publishing Mr. Tucker, lead me to buy Hazlitts Economics in One Lesson.
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A valid point.
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Well tried to import it but its too big to add in. I'll break it up.
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Its in word but I can find a way to convert it.
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I tried to upload a paper I drafted on the basis of historical materialism and its contradictions by neglecting the early Christian communist sect pointed out in Rothbard's History of Economic Thought . I wanted to open discussion on the subject, does anyone know how I can put my paper up for some peer review?
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Can someone please explain to me how Cost of Production theory is congrunent to the Labor theory of value? I was talking to a Marxist who believes there is no contradiction between Volume I and Volume III of Das Capital.
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Since the evolution of the Federal Reserve, we of course see a great increase in terms of inflation of the money supply. With the increase of inflation, prices naturall rise due to the deluting of the purchasing power of the currency. However, I have been trying to mull over this idea for a few days. Inflation is increasing, I see that. However, how
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http://inflationdata.com/i nflation/Inflation_Rate/Hi storicalInflation.aspx?dsI nflation_currentPage=7 1914-1924: 61.48% Average increase 1925-1936: 19.57% Average decrease 1937-1948: 57.96% Average increase 1949-1960: 21.23% Average increase 1961-1972: 35.31% Average increase 1973-1984: 95.09% Average increase 1985-1996: 42.01% Average increase 1997