http://thesociologicalimagination.com/2009/11/29/adventures-in-vulgar-marxism/ Wed, 25 Jan 2012 00:41:31 +0000 hourly 1 http://wordpress.com/ http://thesociologicalimagination.com/2009/11/29/adventures-in-vulgar-marxism/#comment-684 Fri, 04 Dec 2009 14:21:35 +0000 http://thesociologicalimagination.com/?p=529#comment-684 Jake, that was an insightful comment but if you had not made it, then someone else would have in the long run.

]]> http://thesociologicalimagination.com/2009/11/29/adventures-in-vulgar-marxism/#comment-667 Tue, 01 Dec 2009 02:27:54 +0000 http://thesociologicalimagination.com/?p=529#comment-667 I’ll admit that I have never read anything by Bahm-Bawerk, nor am I aware of whether anyone else wrote an equally powerful critique of Marx’s labor theory of value around that era , but Sweezy’s argument seems stretched. Consider Hayek’s failure to criticize Keynes’ General Theory, which Mises and many others certainly could have refuted. Plus the fact that the arguments Bahm-Bawerk levied against Marx’s economics were widely accepted or known seems to say more about the weakness of Marx’s economics then it does about the brilliance of Bahm-Bawerk’s critique itself.

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