WHY DON”T WE TEACH MARXIST ECONOMICS EXCEPT IN SOCIOLOGY, PHILOSOPHY AND LITERATURE?
—“No one teaches Marxism in economics….” vitiates any merits there may be to your rather prosaic submission ?”— Jason Tutu
Find me some university economics department that teaches marxist economics. They may teach a touch of marx in the history of economic thought. They don’t teach it at all. IN fact I don’t know any economics department that teaches anything other than mainstream (keynesian, saltwater) thought, albeit with some nod to chicago and at least in the best, some nod to austrian (mengerian). That’s because the labor theory of value is clearly false, economic calculation and coordination is impossible, and incentives are impossible, and every attempt at marxism whether fast failure (communism), medium failure (authoritarian socialism), or slow failure (democratic socialism) has failed, for not just one of the three reasons, but for ALL three reasons. And it cannot be otherwise. Why? Because in the end it violates the laws of physics, violates human moral intuition, which is bound by the laws of physics and therefore reflects them, and because there are limits to the debt-credit of human intuition and memory that make it possible for us to shift time between us so that we can obtain the outsized returns on cooperation, within those laws of physics.
There are few people on this planet whounderstand these subjects as well as I do and if you manage to capture the attention of one of us and actually respond to you, its wise counsel to read and understand what is being said to you.
I do this for a living online because the public functions not just as my classroom but because of my method by teaching using king of the hill games, the public also serves as my test subjects.
Affections.
Curt