'..dismantle the Marxist myth..' - 'Karl Marx, False consciousness'

Posted by ProjectC 
<blockquote>'Every once in a while, even The Economist gets it right. In a review of an intellectual biography of Marx (Karl Marx: Greatness and Illusion), published this past fall, they argue that “the myth is more impressive than the reality”. Echoing, in fact, several arguments from the book—written, surprisingly enough, by a scholar with Marxist leanings—, they point out how out of step Marx was with the theoretical developments of 19th century economics, and how dense and often nonsensical his writings were.

As refreshing as it may be, this perspective on Marx is hardly a new one. We know that throughout his work, Ludwig von Mises has exploded many of the fallacies of the Marxist school of thought, particularly those concerning the workings of a socialist system and the idea of class struggle. But Mises had, in several of his publications, also criticized the myth of Marx, pointing out inconsistencies and errors in his research, as well as criticizing his writing style.

Even if it will take a long time to dismantle the Marxist myth, I’d like to think that it will be Mises’s view of the world that will prevail.'

- Carmen Elena Dorobat, Mises on the Myth of Marx, December 26, 2016</blockquote>

'..Karl Marx .. the myth is more impressive than the reality.'

<blockquote>'COMMUNISM collapsed nearly 30 years ago, but the influence of Karl Marx lives on. Marxist approaches are found in some of the most interesting history and sociology being published today. Marx’s works, including “The Communist Manifesto”, written with Friedrich Engels in 1848, may have had more impact on the modern world than many suppose. Of the manifesto’s ten principal demands, perhaps four have been met in many rich countries, including “free education for all children in public schools” and a “progressive or graduated income tax”.


The overriding impression from this book is that Marx’s reputation (at least in some quarters) as an unrivalled economist-philosopher is wide of the mark. Marx had planned to write “Capital” in multiple volumes. He finished the first. But when it came to writing the second, on realising that he would face insurmountable intellectual hurdles, he pleaded illness (though seemed quite able to do other sorts of research). “Karl” was in the thick of the intellectual developments of the 19th century. But the myth is more impressive than the reality.'

- The Economist, Karl Marx, False consciousness, August 25, 2016</blockquote>

Context (Praxeology) - '..Menger’s experience stressed subjective factors..'

<blockquote>(Praxeology) - '..his or her subjective values .. to explain all economic phenomena as the results of what people do..'

(Praxeology) - 'Economics .. is about human choice and action.' - '..books by Mises, Rothbard and Hayek are already translated .. online bookstore in China..'

(Praxeology) - Savings - Economic Growth - 'We Need More Wealth, Not Necessarily More Employment' - Entrepreneurship

'..You really have to be able to think about the post-bureaucratic world..'

'..economic growth cannot be conjured into being by top-down interventionism in the form of monetary pumping and deficit spending..'

' “Monetary policy… after all, is extremely important” – is an understatement.' - Doug Noland

'..have organizations that are more and more adaptable and far more humane..'

'When Jan Patocka wrote .. the phenomenon of human conscience..' - Václav Havel

'..the phenomenon of wave after wave of economic ups and downs is ideological in character..'

Praxeology '...the primordial fact of individual human action.'</blockquote>