. . .

but then it is status that drives affinity for leftism: the frustration with low social, sexual, economic, and political market value under market meritocracy.

the reason marx was wrong was that the principal beneficiaries of consumer capitalism were consumers (labor). capitalism has been the great leveller of consumption. the only difference between the classes is the purchase of signal goods (really).

Marx stopped writing after reading menger and realizing he was wrong. but he kept up pretenses of working to maintain financial support by Engels – marx was a perfect marxist: a parasite.

It has always and always will be and it was menger, pareto, durkheim, and hayek that explained why – and why it cannot be otherwise: knowledge, incentives, and the use of incentives to organize experimentation, production, distribution, and trade. value is created by organizing

Leave a Reply