Monday, September 14, 2015

Nervous bourgeois economists fear for their credibility


  Do  you think some math equation can validate the sanity and the humanity of the capitalist economic system ? Can a math equation tell human beings NOT to try to stop global warming ?
In Das Kapital Karl Marx has math equations showing the rate of exploitation of the working class and the long term decline in the profitability of investment capital (following a damped oscillation curve in this century , I think ) .
All Kapital is just frozen work and frozen human energy. !9th century physics established the great conservation laws of nature: in short you can't get something for nothing.
Even " precious " gold does not multiply itself in a bank vault. In explaining capitalist generated WEALTH there is no escaping the Marxist concept of exploitation..J. D. Bernal makes this point in his big book " Science in History ".
The " socialist " Democrat Bernie Sanders campaign is beginning to make even very middle class voters in America question the legitimacy of " legitimate " wealth.
And is it not about time some Marxist win the Nobel Prize for Economics ? ( I recall the work of Belgian Marxist Ernest Mandel ).
It would make a lot more sense than a Nobel Peace Prize for war criminal Henry Kissinger.
Albert Einstein explained the necessity for socialism in an essay titled " Why Socialism ? " . Was he lacking in mathematical skills ? All the " scholars " here clearly speak for a nervous ruling class.

   

     On Ernest Mandel

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