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theory
A community for in-depth discussion of books, posts that are better suited for [email protected] will be removed.
The hexbear rules against sectarian posts or comments will be strictly enforced here.
So uh depreciation.
reporting in for posting duty
Is it just me or is this a bit of a slog.
Definately a slog. It's moderately interesting to see Marx engage with the concepts of fixed and circulating capital on their own terms, and just kind of eviscerating Smith (and then Ricardo in chapter 11). Obviously these guys loomed much larger on the stage of economic theory in the mid and late 19th century... but present day mainstream economics has moved pretty far beyond them, and so these epic takedowns are not that relevant or interesting.
Not just you, I'm here but I'm not coming up with a ton to contribute. I feel like if I was a contemporary of Ricardo and the physiocrats or whatever I would be more interested in Karl dunking on them.
The Adam Smith lovefest is fucking OVER, here's all the ways in which he was WRONG AS HELL
Get-‘im smith.
A horse cannot be replaced bit by bit, but only by another horse
thanks karl i'm learning so much