Occupy Wall Street & Karl Marx In the economics classes I teach to union members, I have found that Keynes and liberal economics resonate with the students. But Marx makes them stand up and take notice. So let’s stick to Marx and build as much as we can on his understanding of capitalism. This is the only economics that cannot be coopted by the 1 percent; it is the only one they fear. We will wait forever for the liberal economists to become Marxists. Second, radical economists must ally themselves firmly with the working class. This the liberals will never do. Karl Marx was a labor educator and a founder of the world’s first working class political party. Engels used his family’s wealth to wage war against the capitalists. monthlyreview.org/press/news/michael-d-yates-on-occupy-wall-street-and-the-celebrity-economists/
Posted on: Tue, 11 Mar 2014 07:02:41 +0000
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