Some Quick Debunking Of Bohm-Bawerk On Marx

Example of how Bohm-Bawerk either didn’t read or didn’t understand Marx: in the third volume of Capital Marx asserts that social value comes from adding the average rate of profit to the cost of production, while in the first volume he doesn’t mention this phenomena, only talking about the rate of profit. Here Bohm-Bawerk accuses…

Mises on Nazi Economics Debunked

I read an absolutely atrocious blog post from the Mises institute that was sent to me by a subscriber. The post by George Reisman declared at the beginning the intention to show “why Nazi Germany was a socialist state, not a capitalist one”. The premise is simply ridiculous and obviously an attempt to erase the…

Stateless Capitalism is Child Genocide

No matter how much the supporters of so-called stateless capitalism adamantly claim their abstract conception of capitalism will create a perfect world, the reality is the dead opposite. Despite all the claims made by the Mises Institute and the American Enterprise Institute for stateless capitalism, it is a failure. No amount of chest thumping can…