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hh / HH
npub1s27…dsym
2023-03-27 05:56:58
in reply to nevent1q…9huc

hh on Nostr: There is no intersection between BTC and the economics of Marxism. Marx's labor ...

There is no intersection between BTC and the economics of Marxism.

Marx's labor theory of value is the most absurd, ridiculous and laughable piece ever written. It's literal nonsense. Most importantly, Marx's understanding of human incentives and motives is completely wrong. A fantasy without roots in reality.

Anyone who in this day and age bases his understanding of political economics on Marx's theory is simply intellectually dishonest, or stupid.

If you want to desperately grasp at straws to be edgy and try to somehow mix Marx and BTC, you can appeal to the mythical stateless society to come after the struggle of the revolution and the dictatorship of the proletariat.

And even then, the overlap with market anarchism continues to be the most natural one.

That's not "right wing" by the way, just like "Austrian" economics is not "Austrian". It's just economics without adjectives.
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