1 hour ago · Culture · 0 comments

My colleague (and new friend!) Mike Huemer writes: “I’ve been known to cite Marxism as an example of an irrational political belief. This is controversial in intellectual circles (indeed, some will probably be outraged by this post), but that doesn’t prevent it from being clearly true; it just means that certain forms of irrationality are popular in intellectual circles. In fact, I regard Marxism as the paradigm of an irrational political belief; if it’s not irrational, nothing is. The theory has been as soundly refuted as a social theory can be. Sometimes, people ask me to explain why I say this. Let me start with why I say it’s been soundly refuted. a. Theoretical developments: Shortly after Marx wrote, his underlying economic theory was rejected by essentially the entire field and superseded by a better theory. Virtually no one who studies the subject (outside of oppressive Marxist regimes) believes the labor theory of value anymore. Without the labor theory of value, there’s no…

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