Was Marx Wrong

The subject of this book is the "negative assault on democratic capitalism" embodied in Capital A Critique of Political Economy, Marx's great work devoted to delineating the crimes and inequities of capitalist societies and market economies. The book is a systematic, step-by-step analysis of Marx's logic. It is a deconstruction of the arguments and deductions by which he reaches his main conclusion: that capitalism is corrupt in its essential nature, and that capitalists gain wealth not by any legitimate means, but by appropriating unpaid labor or "surplus value" from the working masses. Despite the disappearance of the Soviet bloc and the waning of Communist zealotry, that is still a widely-believed doctrine. Marx's accusation against capitalism, and the course of argumentation by which he arrives at it, together form the subject of the present volume.

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In contrast to the traditional view that Marx's work is restricted to a critique of capitalism and does not contain a detailed or coherent conception of its alternative, this book shows, through an analysis of his published and unpublished writings, that Marx was committed to a specific concept of a post-capitalist society that informed his critique of value production, alienated labor and capitalist accumulation. Instead of focusing on the present with only a passing reference to the future, Marx's emphasis on capitalism's tendency towards dissolution is rooted in a specific conception of what should replace it. In critically re-examining that conception, this book addresses the quest for an alternative to capitalism that has taken on increased importance today.

This book examines the economic theories of Karl Marx and evaluates their relevance in the modern era. The authors argue that Marx's ideas were flawed and that socialism, as advocated by Marx, is not a practical alternative to capitalism. The book is a valuable resource for anyone interested in the history and theory of economics. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Most economists believe capitalism is a compromise with selfish human nature. As Adam Smith put it, "It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest." Capitalism works better than socialism, according to this thinking, only because we are not kind and generous enough to make socialism work. If we were saints, we would be socialists. In Why Not Capitalism?, Jason Brennan attacks this widely held belief, arguing that capitalism would remain the best system even if we were morally perfect. Even in an ideal world, private property and free markets would be the best way to promote mutual cooperation, social justice, harmony, and prosperity. Socialists seek to capture the moral high ground by showing that ideal socialism is morally superior to realistic capitalism. But, Brennan responds, ideal capitalism is superior to ideal socialism, and so capitalism beats socialism at every level. Clearly, engagingly, and at times provocatively written, Why Not Capitalism? will cause readers of all political persuasions to re-evaluate where they stand vis-à-vis economic priorities and systems—as they exist now and as they might be improved in the future.

Cover page -- Halftitle page -- Title page -- Copyright page -- Dedication -- Contents -- Preface to the Second Edition -- Preface -- ONE -- TWO -- THREE -- FOUR -- FIVE -- SIX -- SEVEN -- EIGHT -- NINE -- TEN -- Conclusion -- Notes -- Index

This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book. ++++ The below data was compiled from various identification fields in the bibliographic record of this title. This data is provided as an additional tool in helping to ensure edition identification: ++++ Was Marx Wrong?: The Economic Theories Of Karl Marx Tested In The Light Of Modern Industrial Development: A Criticism Of Marxism Vs. Socialism; Issue 73 Of Was Marx Wrong?: The Economic Theories Of Karl Marx; Isaac Max Rubinow Issac Max Rubinow, Marx Institute of America Cooperative press, 1914 Political Science; Political Ideologies; Communism & Socialism; Political Science / Political Ideologies / Communism & Socialism; Socialism

A compelling case for why it's time for socialism Is socialism desirable? Is it even possible? In this concise book, one of the world's leading political philosophers presents with clarity and wit a compelling moral case for socialism and argues that the obstacles in its way are exaggerated. There are times, G. A. Cohen notes, when we all behave like socialists. On a camping trip, for example, campers wouldn't dream of charging each other to use a soccer ball or for fish that they happened to catch. Campers do not give merely to get, but relate to each other in a spirit of equality and community. Would such socialist norms be desirable across society as a whole? Why not? Whole societies may differ from camping trips, but it is still attractive when people treat each other with the equal regard that such trips exhibit. But, however desirable it may be, many claim that socialism is impossible. Cohen writes that the biggest obstacle to socialism isn't, as often argued, intractable human selfishness—it's rather the lack of obvious means to harness the human generosity that is there. Lacking those means, we rely on the market. But there are many ways of confining the sway of the market: there are desirable changes that can move us toward a socialist society in which, to quote Albert Einstein, humanity has "overcome and advanced beyond the predatory stage of human development."

Published in 1933, at a time of widespread unemployment and bank failures, this book by the young Sidney Hook received great critical acclaim and established his reputation as a brilliant expositor of ideas. By "revolutionary interpretation" Hook meant quite literally that Marx's main objective was to stimulate revolutionary opposition to class society. Hook later abandoned the revolutionary views expressed in this volume, but he never abandoned his warm positive views of Marx as a thinker and a fighter for freedom. He eventually concluded that 20th century history had proved both him and Marx wrong about the necessity of revolutionary means to achieve their mutual social goals. But, says his son Ernest B. Hook in an introduction, this concession of error "he did not see . . . as an admission of intellectual weakness, but the natural position of a reasonable person when, in the light of observation and experience, he concludes he has erred." This expanded edition makes readily available for scholars an influential work long out of print and provides critical insight into the intellectual development of one of the 20th-century's great thinkers.