Apparently [ht: ke, since I am no longer a member], the latest calendar published by the American Economic Association, in celebration of its 125th anniversary, features 18 deceased economists (for 2010 plus the first six months of 2011): Edgeworth, Veblen, Marshall, von Neumann, (Richard) Ely, Smith, Fisher, Schumpeter, von Hayek, Ricardo, Walras, Malthus, Mill, Stigler, Marx, Keynes, (Joan) Robinson, and Friedman.
The May 2010 entry for Marx is followed by 4 quotations from his work, including the following:
This is the abolition of the capitalist mode of production within capitalist production itself, a self-destructive contradiction, which represents on its face a mere phase of transition to a new form of production. It manifests its contradictory nature by its effects. It establishes a monopoly in certain spheres and thereby challenges the interference of the state. It reproduces a new aristocracy of finance, a new sort of parasites in the shape of promoters, speculators and merely nominal directors; a whole system of swindling and cheating by means of corporation juggling, stock jobbing, and stock speculation. It is private production without the control of private property. (Capital, volume 3)
[Via http://anticap.wordpress.com]
No comments:
Post a Comment