[lbo-talk] AER's 20 top pieces free

Julio Huato juliohuato at gmail.com
Wed Feb 9 18:05:25 PST 2011


Doug wrote:


> Wow, the bourgeoisie doesn't really ask big questions, does it?

Can you think of more formidable theoretical challenges to the feasibility of socialism than Hayek's (on knowledge and incentives in planning) or Arrow's ("impossibility theorem")? Let alone Smith, Ricardo or Mill, Marx and Engels responded to people like Duhring, Proudhon, and Lasalle. And they did so with serious, substantive works! Yet, how many works of proportional caliber by modern Marxists have dealt with Hayek or Arrow? We haven't even digested Keynes. Ignoring them doesn't help us defeat them.



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