Economic Systems

Lecture Notes

MARXISM

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Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth. And when a person does not understand the creation of resources and wealth, the only intellectual alternative is to believe that increasing wealth must be at the cost of someone else. This belief that our good fortune must be an exploitation of others may be the taproot of false prophecy about doom that our evil ways must bring upon us.
-
Julian Simon

 

 

Components and Sources of MARXISM

Three  Components

Three Sources

Dialectical Materialism

German Philosophy

Historical materialism

 French Socialism

Political Economy

English Classical

 

Dialectical Materialism

Relations
Change
Contradictions
Progress

thesis

antithesis

 

synthesis
 

 

Essence
Appearance
Evolution
 Revolution
Negation
of Negation

 

negation

negation of
 negation

 

 

 

 

 

 

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