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An Educational Service for Those Interested in Capitalist Economics
#5
It is reassuring to hear that something of real value is (or was?) taught at Chicago University which is more associated in my mind with the Milton Friedman's shock therapy Chicago School of Economics or voodoo economics as I think of it. It seems quite pathetic that the state of education in the US is so poor that one cannot learn Marx as a matter of course because it is a fundamental classic of Western philosophy and this is especially so in economics. How could any one study economics, especially at any higher level, and not study Marx's Capital? What poverty of mind is that? I also find Marx excellent on the social sciences and history in general for understanding all sorts of things that have happened and ways to see the future. Dialectics (yes, Hegel too but Marx takes it to another level with Dialectical Materialism) Labor Theory of Value, Historical Materialism, Surplus Value, class analysis and more. Understanding any of these concepts immeasurably enhances ones understanding of the world and how it works. Which possibbly explains some of why it is absent from many US educational institutions.... :bolt:
"The philosophers have only interpreted the world, in various ways. The point, however, is to change it." Karl Marx

"He would, wouldn't he?" Mandy Rice-Davies. When asked in court whether she knew that Lord Astor had denied having sex with her.

“I think it would be a good idea” Ghandi, when asked about Western Civilisation.
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An Educational Service for Those Interested in Capitalist Economics - by Magda Hassan - 12-06-2013, 01:19 PM

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