Wednesday, August 25, 2004

Marxism -- look for a reinvention ...

Marginal Revolution: What is valid in Marxism? (Five things)

The author is hardly a raging Marxist. He was rising to meet DeLong's challenge. I've thought for a while, however, that the pendulum was swinging from the triumph of capitalism in the 1990s. (Ok, this is not an original observation. Tony Blair's "third way" etc.) I wonder if that will start to reach the US.

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