Monday, March 20, 2023

QUORA: 'Marx’s economic theories have been discredited. Why is he the most studied author in U.S. colleges?'

 QUORA: 'Marx’s economic theories have been discredited. Why is he the most studied author in U.S. colleges?'


I posted this answer:


I don’t know if Karl Marx is the most studied author in U.S. colleges. But he continues to be very influential. Clemson University professor C. Bradley Thompson argues that Marx still has powerful appeal, despite the demonstrated absurdity and destructiveness of his “scientific socialist” economics. Why? Thompson argues convincingly that Marx’s continued influence stems not from his economic theories but from his moral message. I recommend Why Marxism?, a 51 minute lecture by C. Bradley Thompson delivered for The Foundation for Economic Freedom. A written version is available at The Objective Standard, although it is behind a paywall. Thompson does a better job than I could ever do of explaining why, even though his economic theories have been thoroughly discredited, Marx continues, shamefully, to have prominence in U.S. colleges. 


Related Reading:


Marxism is Malevolence and Hate. So How Do We Kill It?


QUORA: ‘Fascism was not opposed to private property or capitalism, so how can it be described as Marxist or socialist?’


A Socialist Confirms that the Basics of ‘True’ Socialism is Totalitarianism


On Marx’s 200th Birthday


Individualism vs. Collectivism: Our Future, Our Choice—Craig Biddle for The Objective Standard


Criminal Socialism vs. a Free Society


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