sartesian wrote:
One more thing, and I promise to come off it.... The query about Marxist financial advice devolved, or evolved, into a discussion of "efficient markets," as if somehow markets were an abstraction from the social relations that drive "free exchange;" as if in fact, free markets did not require compulsion, force, and death squads to enforce their ultimate rationality. Markets, and efficiency, are thus fetishized... to the point that some who claim to be Marxists actually advocate buying emerging market country bonds, and Venezulean bonds in particular.
Oh right, Marx would never have been interested in writing about bourgeois economic theory.
Doug
