

Missing the Marx
29 snips May 28, 2025
Phil Magness, a historian and economist at the Independent Institute, dives into the corrupting effects of tariffs on the economy and critiques the rising influence of Karl Marx posthumously. He discusses how Marx's obscurity during his lifetime contrasts sharply with his later prominence, influenced by the Soviet Union. The conversation also touches on classical liberal principles and how historical narratives can be distorted by political agendas, especially regarding issues like the 1619 Project and the complexities of American political history.
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Marx’s Influence Was Posthumous
- Marx was an obscure thinker with minimal influence during his lifetime.
- Soviet promotion post-1917 dramatically elevated Marx's prominence and influence globally.
Communist Manifesto Gained Post-1917 Influence
- The Communist Manifesto had negligible impact in Marx's lifetime.
- Its widespread influence arose only after Lenin and the Soviet state promoted it.
Classical Liberal Historical Approach
- Classical liberal history emphasizes empiricism and skepticism of state-driven historicism.
- It rejects deterministic grand narratives and values epistemic humility about historical knowledge.