Message from @Advocatus Diaboli

Discord ID: 452102642404032512


businessmen know more about the realities of economics than economists i.e free market economists say stuff about businesses i.e everyone ideally acts self interested all the time but in reality there is some minimal amount of co-operation required in a business culture to operate.

businessmen were at the front of the capitalist industrial revolution

2018-06-01 13:33:22 UTC  

not an argument

2018-06-01 13:33:44 UTC  

anyway ill have to go for now

2018-06-01 13:33:47 UTC  

ill be back soon

2018-06-01 13:33:55 UTC  

Marx put an end to economics by writing Das Kapital

free market economics is actually a load of horeshit

2018-06-01 13:34:06 UTC  

and no being a businessman won't allow you to know what the kuznets curve is, for instance

keynesianism

free market capitalist

economics

2018-06-01 13:34:22 UTC  

idc what makes more sense

2018-06-01 13:34:25 UTC  

that wasn't the topic

2018-06-01 13:34:29 UTC  

Nothing worthy was created in economics after Marx

2018-06-01 13:34:45 UTC  

@Advocatus Diaboli nothing worthy was created in Ukraine after the Holodomor

anyways a cruical thing about marx the labour theory of value

2018-06-01 13:34:53 UTC  

Lol wut

2018-06-01 13:34:55 UTC  

Austrian school and their theory of marginal utility is shit

was agreed on by economcists of the time

like adam smith

so uhmmm 🤔

2018-06-01 13:35:15 UTC  

@Adoring Fan How is this relevant

2018-06-01 13:35:28 UTC  

We're talking about economics

i wonder what that says about marxist theory 🤔 if adam smith agreed with labour theory of value

2018-06-01 13:35:36 UTC  

it is relevant because your comment has as much bearing on the discussion as yours did

2018-06-01 13:35:45 UTC  

Adam Smith lived prior to Marx

2018-06-01 13:35:49 UTC  

also

2018-06-01 13:35:52 UTC  

not an argument

NoT An ArGuMeNT

2018-06-01 13:36:02 UTC  

>man agreed with it

2018-06-01 13:36:07 UTC  

>therefore it's correct

yes but why did adam smith agree with it?

because LTV makes economic sense

2018-06-01 13:36:20 UTC  

idc, i don't support adam smith's views