Marxism Remains Relevant Only as a Destructive Force

Though Karl Marx’s theories were never valid, they changed the world by stoking grievance 

By guest author Richard Fulmer December 14, 2022

Though Karl Marx’s theories were never valid, they changed the world by stoking grievance, focusing it on the status quo, demanding that the status quo be burned to the ground, and promising that a never-fully-defined utopia would spontaneously spring from the ashes.

His claims included the following:

1. Value is a function of “socially useful” labor content.
2. Capitalist societies are split into two classes: the Bourgeoisie and the Proletariat.
3. Voluntary exchange is a zero-sum game; one party to every exchange gains at the expense of the other.
4. Capitalists “expropriate” the surplus value of products from the workers who produced those products.
5. Workers in capitalist societies will be increasingly “immiserated” to the point of revolution.
6. Workers who disagree with Marx suffer from “false consciousness.”

But each of these assertions is false:.........To Read More...