bourgeois vs. marxist vocabulary Anonymous 27-08-23 02:54:49 No. 20386
Bourgeois economists embraced labor theory of value (which originated from Adam Smith of all people) until Marx. Marx got bourgeois economists to abandon the labor theory of value because he took it to its logical conclusion of the proletarian revolution against the bourgeois class dictatorship. As a result of bourgeois economists abandoning the labor theory of value in order to distance mainstream economics from Marx's conclusions, they began to embrace quackery like marginal utility theory and the subjective theory of value. differences in vocabulary used by bourgeois economists before and after Marx? They did a lot of linguistic obfuscation after Marx, and it might be helpful to get a breakdown of that, because it's hard to even tell what bourgeois economists are talking about sometimes if your vocabulary is already marxist, or vice-versa, if you learned "mainstream" economics first and then pick up Marx 2nd. Sometimes it can feel like you're speaking two different languages, because the technical glossaries of each approach to viewing the world differ so much.