Philosophize This!

Episode #082 ... Austrians and Marx

33 snips
May 26, 2016
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INSIGHT

Marxist Critiques

  • Critiques of Marx's ideas often target either his communist ideology or his economic theories.
  • These economic views often underpin political stances, highlighting their importance in shaping values.
INSIGHT

Refuting Marx's Economics

  • Refuting Marx's economic theories effectively undermines his argument for communism.
  • This renders communism a theoretical concept rather than a practical solution.
INSIGHT

Valuing Labor

  • Determining the value of labor is crucial for assessing if workers are paid fairly.
  • This raises questions about how to objectively measure labor's worth and set appropriate wages.
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