There is good reason so many intelligent people have good things to say about Marx’s thinking, but like Stephen Yearwood says, he was a product of his time, and things are different now.

I wonder what Marx would have had to say about negative interest rates, multi-trillion monthly QE, negative commodity prices (oil), and an apparently rabid market for bankrupt company shares, all in presence of things like Bitcoin.

What has to come next will probably never have been thought about by conventional economists, neither Marx nor Keynes, nor Friedman.


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