To: Joe Btfsplk who wrote (62840 ) 10/21/2007 8:21:45 PM From: koan Read Replies (3) | Respond to of 90947 Oyster, what is all of this Marxist talk? No one I know buys Marxism at all. It is very outdated and simplistic . No one I know even discusses it other than in an historical context. We are in an intense worldwide cultural and economic evolution. We are still learning about human nature and how societies can best serve the individual. And how individuals can best serve their societies. This Prychitko?, keeps making references to Marx. Marxism is not even worth bringing into the conversation. It is a 19th century naive idea, much like Utopianism. Our thinking was still pretty primitive in the 19th century. No viable modern economic theories I know of even consider Marxism. There is no intellectual meat there. Nothing to grab onto and nothing worth responding to. A very immature idea. Remember in the 19th century we had not even discarded slavery yet. Good lord! We had serious discussions (well not real serious at all-lol) about whether there should even be slavery. And we held on to segregation until 1964. Good heavens. My point being, that is how unsophisticated Marxism is. Not even worth talking about. I have been a pretty successful trader for awhile, and I need to understand macro and micro economics to some degree to pull that off. All of the economics I have run across seems to be in a state of evolution. Countries throughout the world are experimenting with all forms of political and economic ideas. Traders and economist's debate constantly to even understand economic cause and effect. And neither economist's or trader's have done a very good job of predicting. We have just had a bunch of hedge funds fail. They thought they had it figued out too-lol. And different people have differnet values and ideas about what is correct and what they want. Sociopaths for instance, would be, and were, fine with early 19th century sweatshops-lol. Society has to weed out the sociopaths and control them. This is the job of societies. And Any philosophy, economic or otherwise, or society, which does not address humanity as a critical variable, is not worth a cup of warm spit. If you go back and look at history you will see life was pretty tough for the average worker prior to modern times. All over the world. A few people controlled too much and society was just too naive e.g. slavery and child sweatshops to know how to deal with such things. Today our collective thinking realizes how ridiculous slavery and child sweatshops were and wonder: "what were those people thinking"-lol? I find the idea that someone/anyone has said the last word on economic theory as highly improbable. How could they? Economc ideas have to involve the social sciences as well as the hard sciences and we do not even know what that really means yet. That means relativity comes into play. We are at the very beginning of our understanding of economcis and social structure and theory, not the end. But out of curiosity I will go read more on these guys to see if I can figure out their thinking and what they are selling for ideas. And what everyone is buying-lol.