[lbo-talk] Keynes: Marx and the Koran

Shane Mage shmage at pipeline.com
Wed Sep 19 10:25:29 PDT 2007


Carl Remick wrote:
>
> > "Schumpeter is just Marx with the adjectives changed" [Joan Robinson]
>
>Excellent! I've mentioned at least a couple of times on the list that
>Schumpeter got it all backwards and that the phenomenon he described
>was actually "destructive creation."

But word order here means nothing. Schumpeter was merely elaborating on Marx's ultra-succinct characterization of technological progress under capitalism: "One capitalist kills many."

Shane Mage

"The reproach moved against [Ricardo], that he is unconcerned about 'human beings' and has an eye solely for the development of the productive forces, whatever the cost in human beings and capital-values-- it is precisely that which is the most important thing about him." v.3 p.304



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