<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:georss="http://www.georss.org/georss" xmlns:geo="http://www.w3.org/2003/01/geo/wgs84_pos#" xmlns:media="http://search.yahoo.com/mrss/"
		>
<channel>
	<title>Comments on: Nobody Actually Reads Karl Marx and Capital</title>
	<atom:link href="http://counterecon.com/2009/08/25/nobody-actually-reads-karl-marx-and-capital/feed/" rel="self" type="application/rss+xml" />
	<link>http://counterecon.com/2009/08/25/nobody-actually-reads-karl-marx-and-capital/</link>
	<description>Critical Thinking Applied to Economics and Finance</description>
	<lastBuildDate>Mon, 21 Jun 2010 08:22:14 +0000</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.com/</generator>
	<item>
		<title>By: joeshmo</title>
		<link>http://counterecon.com/2009/08/25/nobody-actually-reads-karl-marx-and-capital/#comment-743</link>
		<dc:creator>joeshmo</dc:creator>
		<pubDate>Tue, 15 Jun 2010 02:32:54 +0000</pubDate>
		<guid isPermaLink="false">http://counterecon.com/?p=1443#comment-743</guid>
		<description>For any interested parties:

A close reading of the text of Karl Marx&#039;s Capital Volume I in 13 video lectures by David Harvey.

David Harvey is a Distinguished Professor at the City University of New York (CUNY), Director of The Center for Place, Culture and Politics, and author of numerous books. He has been teaching Karl Marx&#039;s Capital for nearly 40 years.:

http://davidharvey.org/reading-capital/</description>
		<content:encoded><![CDATA[<p>For any interested parties:</p>
<p>A close reading of the text of Karl Marx&#8217;s Capital Volume I in 13 video lectures by David Harvey.</p>
<p>David Harvey is a Distinguished Professor at the City University of New York (CUNY), Director of The Center for Place, Culture and Politics, and author of numerous books. He has been teaching Karl Marx&#8217;s Capital for nearly 40 years.:</p>
<p><a href="http://davidharvey.org/reading-capital/" rel="nofollow">http://davidharvey.org/reading-capital/</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Shaun Snapp</title>
		<link>http://counterecon.com/2009/08/25/nobody-actually-reads-karl-marx-and-capital/#comment-707</link>
		<dc:creator>Shaun Snapp</dc:creator>
		<pubDate>Sun, 18 Apr 2010 22:33:58 +0000</pubDate>
		<guid isPermaLink="false">http://counterecon.com/?p=1443#comment-707</guid>
		<description>Mike, 

I have heard of Erich and I know he has published one of the more popular &quot;cliff&#039;s notes&quot; on Marx. 

I think how difficult Marx is to read of course is based upon one&#039;s past reading experiences, orientation, education, etc. If you would like to comment on some of the things you thought were most interesting, I would love to have you list your top 5 list. I like Michael Hudson&#039;s observation that Marx was correct on the constant subjugation of workers by industry, but missed the subjugation of industry by financial institutions.</description>
		<content:encoded><![CDATA[<p>Mike, </p>
<p>I have heard of Erich and I know he has published one of the more popular &#8220;cliff&#8217;s notes&#8221; on Marx. </p>
<p>I think how difficult Marx is to read of course is based upon one&#8217;s past reading experiences, orientation, education, etc. If you would like to comment on some of the things you thought were most interesting, I would love to have you list your top 5 list. I like Michael Hudson&#8217;s observation that Marx was correct on the constant subjugation of workers by industry, but missed the subjugation of industry by financial institutions.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Mike S</title>
		<link>http://counterecon.com/2009/08/25/nobody-actually-reads-karl-marx-and-capital/#comment-706</link>
		<dc:creator>Mike S</dc:creator>
		<pubDate>Sun, 18 Apr 2010 21:59:17 +0000</pubDate>
		<guid isPermaLink="false">http://counterecon.com/?p=1443#comment-706</guid>
		<description>Hi Shaun,

i haven&#039;t read all the posts but in the past several months I have gotten into Marx. I do not find his writing overwhelmingly difficult, though I have not read Capital yet. I have never read somebody so disrespected and defamed by media and propoganda. 

His writing presents him as nearly the exact opposite of every allegation by the US (right and democrat -- so i guess right and center-right)

Anyway, I highly reccomend as an introduction to his ideas the book Marx Concept of Man by Erich Fromm... he writes a terrific 90 p introduction about Marx&#039;s humanism and then has the philosophical and economic transcripts as well as excerpts from the critique of the Gotha programme</description>
		<content:encoded><![CDATA[<p>Hi Shaun,</p>
<p>i haven&#8217;t read all the posts but in the past several months I have gotten into Marx. I do not find his writing overwhelmingly difficult, though I have not read Capital yet. I have never read somebody so disrespected and defamed by media and propoganda. </p>
<p>His writing presents him as nearly the exact opposite of every allegation by the US (right and democrat &#8212; so i guess right and center-right)</p>
<p>Anyway, I highly reccomend as an introduction to his ideas the book Marx Concept of Man by Erich Fromm&#8230; he writes a terrific 90 p introduction about Marx&#8217;s humanism and then has the philosophical and economic transcripts as well as excerpts from the critique of the Gotha programme</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: sapplanningadmin</title>
		<link>http://counterecon.com/2009/08/25/nobody-actually-reads-karl-marx-and-capital/#comment-501</link>
		<dc:creator>sapplanningadmin</dc:creator>
		<pubDate>Mon, 07 Dec 2009 05:16:52 +0000</pubDate>
		<guid isPermaLink="false">http://counterecon.com/?p=1443#comment-501</guid>
		<description>I most appreciate your comment Alex. I would say that people in general should actually read what they quote. That would be step one, and its a step that is missing far too often. Secondly, a person should, as you said, have a good understanding of history and related works. The more the better. 

I think the most important thing for people that actually favor standards in society (labor, environmental, legal, etc..) is to point out how the &quot;free market&quot; philosophies proposed by corporations and their heralds, are really not based in anything, and that cherry picking from books that never supported this ideology is false. Progressives need to be trained to do this because once you begin to question a corporate herald&#039;s knowledge, they will have a harder time debating based upon facts. So I always ask, &quot;What part of a Wealth of Nations are your referring to?&quot; &quot;When did you last read Das Kapital?&quot; &quot;What parts did you like?&quot; Once the knowledge posing is punctured, the progressive can the go forward to comparing what has worked in different economies vs. what has not worked. Those in favor of a highly concentrated form of unequal and unjust capitalism are hiding behind Adam Smith because they can not argue their policies on the basis of the actual merits.</description>
		<content:encoded><![CDATA[<p>I most appreciate your comment Alex. I would say that people in general should actually read what they quote. That would be step one, and its a step that is missing far too often. Secondly, a person should, as you said, have a good understanding of history and related works. The more the better. </p>
<p>I think the most important thing for people that actually favor standards in society (labor, environmental, legal, etc..) is to point out how the &#8220;free market&#8221; philosophies proposed by corporations and their heralds, are really not based in anything, and that cherry picking from books that never supported this ideology is false. Progressives need to be trained to do this because once you begin to question a corporate herald&#8217;s knowledge, they will have a harder time debating based upon facts. So I always ask, &#8220;What part of a Wealth of Nations are your referring to?&#8221; &#8220;When did you last read Das Kapital?&#8221; &#8220;What parts did you like?&#8221; Once the knowledge posing is punctured, the progressive can the go forward to comparing what has worked in different economies vs. what has not worked. Those in favor of a highly concentrated form of unequal and unjust capitalism are hiding behind Adam Smith because they can not argue their policies on the basis of the actual merits.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Alex M Thomas</title>
		<link>http://counterecon.com/2009/08/25/nobody-actually-reads-karl-marx-and-capital/#comment-500</link>
		<dc:creator>Alex M Thomas</dc:creator>
		<pubDate>Mon, 07 Dec 2009 04:03:51 +0000</pubDate>
		<guid isPermaLink="false">http://counterecon.com/?p=1443#comment-500</guid>
		<description>Exactly.

This is a very pertinent point, which is often overlooked.</description>
		<content:encoded><![CDATA[<p>Exactly.</p>
<p>This is a very pertinent point, which is often overlooked.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Alex M Thomas</title>
		<link>http://counterecon.com/2009/08/25/nobody-actually-reads-karl-marx-and-capital/#comment-499</link>
		<dc:creator>Alex M Thomas</dc:creator>
		<pubDate>Mon, 07 Dec 2009 04:02:50 +0000</pubDate>
		<guid isPermaLink="false">http://counterecon.com/?p=1443#comment-499</guid>
		<description>I do accept that a lot of people have opinions about Smith and Marx without ever having read them. But, do you think that reading them necessarily provides you with the right opinion? If such a &#039;right&#039; opinion is ever possible. [This is one argument-the source of this is from Barthes: http://en.wikipedia.org/wiki/Death_of_the_Author]

And reading an author like Marx or Smith requires the reader to know or have read several other works on the history (political and economic) at their times. Appreciating/criticising an author can only be done in context; reading them out of context is likely to lead to misunderstandings. Often, we try to locate an author by going through his/her entire corpus of work.

Now, Smith is read in two diametrically opposed ways. The first argument does not mean that we cannot have an sort of reasoned or rational opinion  about a &#039;work&#039;.
1) Smith promoted &#039;laissez faire&#039;
Reason: presence of &#039;invisible hand&#039; once in his Wealth of Nations
99% of economics textbooks cite this one paragraph.

2) Smith did not want &#039;free markets&#039; as we understand it today.
Reason: Mercantilism was monopolistic in nature and Smith championed the rights of small and individual business. He wanted freer markets. And, in fact, we know now that Wealth of Nations was supposed to be published together with Moral Sentiments.</description>
		<content:encoded><![CDATA[<p>I do accept that a lot of people have opinions about Smith and Marx without ever having read them. But, do you think that reading them necessarily provides you with the right opinion? If such a &#8216;right&#8217; opinion is ever possible. [This is one argument-the source of this is from Barthes: <a href="http://en.wikipedia.org/wiki/Death_of_the_Author" rel="nofollow">http://en.wikipedia.org/wiki/Death_of_the_Author</a></p>
<p>And reading an author like Marx or Smith requires the reader to know or have read several other works on the history (political and economic) at their times. Appreciating/criticising an author can only be done in context; reading them out of context is likely to lead to misunderstandings. Often, we try to locate an author by going through his/her entire corpus of work.</p>
<p>Now, Smith is read in two diametrically opposed ways. The first argument does not mean that we cannot have an sort of reasoned or rational opinion  about a &#8216;work&#8217;.<br />
1) Smith promoted &#8216;laissez faire&#8217;<br />
Reason: presence of &#8216;invisible hand&#8217; once in his Wealth of Nations<br />
99% of economics textbooks cite this one paragraph.</p>
<p>2) Smith did not want &#8216;free markets&#8217; as we understand it today.<br />
Reason: Mercantilism was monopolistic in nature and Smith championed the rights of small and individual business. He wanted freer markets. And, in fact, we know now that Wealth of Nations was supposed to be published together with Moral Sentiments.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: sapplanningadmin</title>
		<link>http://counterecon.com/2009/08/25/nobody-actually-reads-karl-marx-and-capital/#comment-441</link>
		<dc:creator>sapplanningadmin</dc:creator>
		<pubDate>Sun, 27 Sep 2009 21:22:23 +0000</pubDate>
		<guid isPermaLink="false">http://counterecon.com/?p=1443#comment-441</guid>
		<description>Well I can confess to not really understanding Marx, at least not entirely, but not because I have any attachment to capitalism. Actually, capitalism is somewhat of a meaningless word. What Shell does to the people of Nigeria is &quot;capitalism,&quot; meanwhile great innovation in say, things that Apple creates is also capitalist (although the bad side is that Apple pays very little to those to manufacture items). Capitalism can have high income inequality, or low income inequality (such as with the Netherlands), and all these things are still capitalism. Many conservatives run around presuming that Adam Smith stated that this would be capitalist and that would be socialist. Not understood by most is that Adam Smith predated economics as a field of study, or initiated it. The terms socialism and communism are equally meaningless and I think are simply categories that shut down intelligent discussion and debate. We can&#039;t take over bad banks because that is the road to communism, even though it is actually federal law that insolvent banks be taken over by the government. Who else would want them, they can&#039;t be sold in the &quot;market.&quot;  

I find that many Marx experts disagree on Marx, and so I think its more than being brainwashed by &quot;free market&quot; ideas, as I think those that are brainwashed probably simply dismiss Marx out of hand. (Its should be recognized that a lot of things that Marx wrote came true.) But some of us are open to counter-neo-classical ideas, its just that there are few outlets. Michael Hudson speaks clearly on real world economics, so does Ha-Joon Chang also does well. It is not difficult to understand either, even though  they are proposing ideas counter to mainstream Freidman-esque economics. 

Anyone who would be interested in writing a few areas about Marx that are often misunderstood as a comment on this post would be greatly appreciated. I think a lot of people would like to hear differing interpretations of Marx.</description>
		<content:encoded><![CDATA[<p>Well I can confess to not really understanding Marx, at least not entirely, but not because I have any attachment to capitalism. Actually, capitalism is somewhat of a meaningless word. What Shell does to the people of Nigeria is &#8220;capitalism,&#8221; meanwhile great innovation in say, things that Apple creates is also capitalist (although the bad side is that Apple pays very little to those to manufacture items). Capitalism can have high income inequality, or low income inequality (such as with the Netherlands), and all these things are still capitalism. Many conservatives run around presuming that Adam Smith stated that this would be capitalist and that would be socialist. Not understood by most is that Adam Smith predated economics as a field of study, or initiated it. The terms socialism and communism are equally meaningless and I think are simply categories that shut down intelligent discussion and debate. We can&#8217;t take over bad banks because that is the road to communism, even though it is actually federal law that insolvent banks be taken over by the government. Who else would want them, they can&#8217;t be sold in the &#8220;market.&#8221;  </p>
<p>I find that many Marx experts disagree on Marx, and so I think its more than being brainwashed by &#8220;free market&#8221; ideas, as I think those that are brainwashed probably simply dismiss Marx out of hand. (Its should be recognized that a lot of things that Marx wrote came true.) But some of us are open to counter-neo-classical ideas, its just that there are few outlets. Michael Hudson speaks clearly on real world economics, so does Ha-Joon Chang also does well. It is not difficult to understand either, even though  they are proposing ideas counter to mainstream Freidman-esque economics. </p>
<p>Anyone who would be interested in writing a few areas about Marx that are often misunderstood as a comment on this post would be greatly appreciated. I think a lot of people would like to hear differing interpretations of Marx.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Devon</title>
		<link>http://counterecon.com/2009/08/25/nobody-actually-reads-karl-marx-and-capital/#comment-440</link>
		<dc:creator>Devon</dc:creator>
		<pubDate>Sun, 27 Sep 2009 21:08:30 +0000</pubDate>
		<guid isPermaLink="false">http://counterecon.com/?p=1443#comment-440</guid>
		<description>Marxist theory is &quot;hard to understand&quot; because it is counter-intuitive within the context of capitalist ideology which we have all grown up with. It does not follow simple &quot;common sense&quot;, i.e., capitalist ideology. 

But when you really start to get it you realize you have been blind to so much you live with in your daily life.</description>
		<content:encoded><![CDATA[<p>Marxist theory is &#8220;hard to understand&#8221; because it is counter-intuitive within the context of capitalist ideology which we have all grown up with. It does not follow simple &#8220;common sense&#8221;, i.e., capitalist ideology. </p>
<p>But when you really start to get it you realize you have been blind to so much you live with in your daily life.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: sapplanningadmin</title>
		<link>http://counterecon.com/2009/08/25/nobody-actually-reads-karl-marx-and-capital/#comment-428</link>
		<dc:creator>sapplanningadmin</dc:creator>
		<pubDate>Thu, 24 Sep 2009 02:06:02 +0000</pubDate>
		<guid isPermaLink="false">http://counterecon.com/?p=1443#comment-428</guid>
		<description>Very very interesting. I suppose that may explain some of the writing style. I am curious as to how Marx works would read in their original German.</description>
		<content:encoded><![CDATA[<p>Very very interesting. I suppose that may explain some of the writing style. I am curious as to how Marx works would read in their original German.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Max</title>
		<link>http://counterecon.com/2009/08/25/nobody-actually-reads-karl-marx-and-capital/#comment-427</link>
		<dc:creator>Max</dc:creator>
		<pubDate>Thu, 24 Sep 2009 01:56:21 +0000</pubDate>
		<guid isPermaLink="false">http://counterecon.com/?p=1443#comment-427</guid>
		<description>English may be &quot;close&quot; to German in terms of origin, but German is extremely difficult to translate into English and many other language. German has innumerable words that have no exact English equivalent, so often a translator must either use the best available English word, or try to assemble a phrase that captures the spirit of the German word. However, the translation often comes out clumsy, especially when dealing with dense political and economic tracts.</description>
		<content:encoded><![CDATA[<p>English may be &#8220;close&#8221; to German in terms of origin, but German is extremely difficult to translate into English and many other language. German has innumerable words that have no exact English equivalent, so often a translator must either use the best available English word, or try to assemble a phrase that captures the spirit of the German word. However, the translation often comes out clumsy, especially when dealing with dense political and economic tracts.</p>
]]></content:encoded>
	</item>
</channel>
</rss>
