All posts by sz szilu84

Fact and theory

Having studied bourgeois political economy, Marx concluded that facts can be vell exploited in order to hide the meaning of facts. Behind the phrases referring to facts day and night, we have to discover the real conditions. That requires a general social theory.

Re-dicovering Marx in the 20th century

For decades after his death, Karl Marx's works were not allowed to enter the official academia. The picture changed in the 1930s when the world economic crisis underminded the credibility of neoclassical economics. Keynes' work shows a number of parallel with Marxian economic thought and even mainstream explanation of capitalist economy includes some unintended similarities to Das Kapital.