George Reisman's Blog on Economics, Politics, Society, and Culture

This blog is a commentary on contemporary business, politics, economics, society, and culture, based on the values of Reason, Rational Self-Interest, and Laissez-Faire Capitalism. Its intellectual foundations are Ayn Rand's philosophy of Objectivism and the theory of the Austrian and British Classical schools of economics as expressed in the writings of Mises, Böhm-Bawerk, Menger, Ricardo, Smith, James and John Stuart Mill, Bastiat, and Hazlitt, and in my own writings.

Showing posts with label simple circulation. Show all posts
Showing posts with label simple circulation. Show all posts
Monday, July 01, 2019

TURNING MARX AND THE EXPLOITATION THEORY UPSIDE DOWN

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ATTENTION: ALL MARXISTS AND SOCIALISTS. Marxists hate capitalism and want to replace it with socialism because they believe that profits ...
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