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  • The fundamental differences between Marxian and traditional orthodox economics are, first, that the orthodox economists accept the capitalist system as part of the eternal order of Nature, while Marx regards it as a passing phase in the transition from the feudal economy of the past to the socialist economy of the future.

Monday, 17 September 2018 / Published in Ambition & Fame, Capitalism, Community, Generations, History, Human Nature, Money, Nature, Policy, Politics, Socialism, Strategy, Work

The fundamental differences between Marxian and traditional orthodox economics are, first, that the orthodox economists accept the capitalist system as part of the eternal order of Nature, while Marx regards it as a passing phase in the transition from the feudal economy of the past to the socialist economy of the future.


Joan Robinson, From her book titled An Essay on Marxian Economics - Second Edition, Jan 01, 1966

Tagged under: Ambition & Fame, Capitalism, Community, Generations, History, Human Nature, Money, Nature, Policy, Politics, Socialism, Strategy, Work

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