"Devine, James" wrote: > > BTW, I've been told that a lot of folks who left the CPUSA and other > leftist parties (or were purged from labor unions) in the 1940s and > 1950s went to Wall Street and applied Marxian political economy to play > the market. I don't know if that's true or not, but part of the story is > some got rich that way. (As far as I can tell, Marxian theory can't be > used for that purpose, but what the heck.) > I would agree that marxian theory can't be used for predictions (especially shortrun predictions), but a grounding in it might induce a healthy pessimism that while not generating true predictions might protect against really destructive false ones.
Carrol
