But he is also terrible wrong about marx and smith. Smith thought that his ideas of a market system with state intervention would lead a wealthy country where the wealth would be spread around, he wasent for democracy, and dident understand that economics boils down to class struggle, or that the economy could be taken over by a small group of people. But smith was a child of his age, he could see further then others but was looked in the age before industry.
But he is also terrible wrong about marx and smith. Smith thought that his ideas of a market system with state intervention would lead a wealthy country where the wealth would be spread around, he wasent for democracy, and dident understand that economics boils down to class struggle, or that the economy could be taken over by a small group of people. But smith was a child of his age, he could see further then others but was looked in the age before industry.
BlueFrog83 5 months ago
This guy must be the first guy in mainstream economics that understand the connection between smith and marx.
BlueFrog83 5 months ago