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Friday, April 17, 2009

Karl Marx the Free Market Advocate

One of my favorite stories about Karl Marx is that he participated in a tax resistance movement. He was prosecuted for treason. He represented himself sui juris, explained to the jury the immoral nature of taxes, and was acquitted.

I consider Karl Marx to be a great free market thinker. When you consider the Labor Theory of Value as the Free Market Labor Arbitrage Process, it makes sense. Capital is entitled to its fair return, but the biggest component of cost in most products is labor.

The Communist Manifesto describes how to achieve a global free market. There were three stages to achieving a global free market.

  1. In the late 19th century, there still was a State. People in the USA had a certain degree of freedom, but the presence of the State meant the market was not really free.
  2. Then, the State seizes control of the means of production. This was achieved in the early 20th century.
  3. Finally, the State dissolves itself and a free market is achieved. This is the next transition that is about to occur. Instead of gradually shrinking and disappearing (as Marx described), what will actually occur is the State grows larger and larger until it collapses under its own inefficiency and incompetence.
Viewed this way, the Communist Manifesto is a document that describes how to achieve a global free market. The Labor Theory of Value and Communist Manifesto are frequently misquoted as advocating for non-free markets.

Karl Marx is dead, so I can't ask him what he really meant. He would probably have found agorism interesting. There was one bit that Karl Marx could not have predicted. The invention of computers and the Internet broke the State mainstream media information monopoly.

4 comments:

Josh said...

So you mean to say, Marx somehow knew the misuse, misunderstanding of his theory will achieve what needs to happen, market anarchism?

Fingolfin said...

Well, not exactly what *I* took from Marx and TCM... but interesting article neverthless!

Anonymous said...

Karl did not agree with the idea of private property, after the state de-solved itself who would own property?

Karl also approved of a Central Bank, without the state who would regulate the currency?

There is a rumor that Karl was just a mediocre thinker funded by the Rothschilds and elevated by them to 'great thinker' his name only appeared later on the Communist Manifesto. I think this may be based on fact, a son of a Rabbi would in principle would not consider non Jews his equal, Jewish chauvinism makes them masters.

"The Jewish people as a whole will become its own Messiah. It will attain world dominion by the dissolution of other races, by the abolition of frontiers, the annihilation of monarchy and by the establishment of a world republic in which the Jews will everywhere exercise the privilege of citizenship.

In this New World Order the children of Israel will furnish all the leaders without encountering opposition. The Governments of the different peoples forming the world republic will fall without difficulty into the hands of the Jews. It will then be possible for the Jewish rulers to abolish private property and everywhere to make use of the resources of the state. Thus will the promise of the Talmud be fulfilled, in which is said that when the Messianic time is come, the Jews will have all the property of the whole world in their hands."

— Baruch Levy, Letter to Karl Marx, 'La Revue de Paris', p.574, June 1, 1928

Db0 said...

Gah, please read something more than the Communist Manifesto.

Marx did not advocate the State staying the same and getting more power. State advocated that the only way to topple the system is by the action of the workers themselves

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