Thursday, April 14, 2016

No Nobel Prizes for anti-capitalist economists ?


   Did you ever take a History of Western Civilization course ? Slavery was the mode of production in the ancient world -even up to modern times, the American Civil War.

     Slavery was very productive for the slave masters but not for the slaves. Slavery was the basis of the " civilized world " for century after century.

    Slavery " evolved " into feudalism and modern capitalist wage slavery. I am amazed by the number of " intellectuals " who think that PROFIT & WEALTH is the magic product of the capitalist owners.

   Thousands of college graduates in the United States are clueless about the true nature of the economic system . And no economist ever won a Nobel Prize  for research useful and liberating for the working class.

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Ron