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Showing posts from September, 2009

The Tao of Mao - Episode 14

The Tao of Mao - Episode 16

The Tao of Mao - Episode 13

The Tao of Mao - Episode 12

The Tao of Mao - Episode 11

The Tao of Mao - Episode 10

People who don't believe in the Labour Theory of Value are stupid!

Whenever the topic of Marx or Marxism is broached around economists, or graduate students studying [bourgeois] economy, they immediately launch into ideological invectives that not only demonstrate an utter ignorance of the Marxist canon - an ignorance passed off as intelligence - but an ignorance of what they think is "wrong" with the Marxism: the labour theory of value. Really? I'm tired of arguing with people who have no bloody idea exactly what the labour theory of value is.  These are the people who immediately launch into tirades about how Marx "misunderstood price" or that there is "something called supply and demand." No shit.  There is also something called actually reading Marx , and everyone who rejects the labour theory of value is either: 1) an utterly stupid idealist who believes that the economy is some sort of natural force outside of human existence (the invisible hand); 2) someone who misunderstands (either intentionally or because