Finance and Economics

[Charles Brown]

It's news to me that Marx and Marxists are ignorant of the roles of 
innovation,  knowledge, and competition. Sure there are some Marxists 
who adhere to a teleology of inevitable trustification, but not all, 
and certainly not me.

Doug

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CB: Are you saying you are a Marxist ?

The old idea that Lenin didn't understand the Anglo-American stock market model vs. the German central bank model : that was probably a sympton of his adhering to the teleology of inevitable trustification.  How about the teleology of inevitable hedgefundization ?

But then, wasn't Lenin thesis in imperialism merely a "teleology" of Marx's own analysis that capitalism tends to monopoly ? Well, time to look for it in Marx.