The Ati-thesis , Marxism

"By that definition, a state capitalist country is one where the government controls the economy and essentially acts like a single huge corporation, extracting the surplus value from the workforce in order to invest it in further production.[3] Friedrich Engels, in Socialism: Utopian and Scientific, argues that state capitalism would be the final stage of capitalism consisting of ownership and management of large-scale production and communication by the bourgeois state.[4]"

Quoted from Wikepedia

Saturday, January 31, 2015

Hayek's The Constitution of Liberty

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I have recently been in a Facebook conversation with Ray Richardson in which LePage's desire to change the Maine Constitution so that the Secretary of State and Treasurer are under the administration rather than being positions appointed by two thirds of the legislature came up. Mr Richard said this is a conversation we need to have, to which I responded  that if we have a conversation about the Maine Constitution, he and Governor Lepage should not expect that conversation to be limited to talking points which they decide.

I ususally find it irritating when politicians announce that "this is a conversation we need to have !" in which the conversation is to focus on a small subset of ideas. I myself am engaging in a conversation we need to have by writing this blog

This video outlines a comprehensive framework to the conversation we need to have,

The panel is of opposing views, one being George Soros who displays his expertise in the art of word parsing by inventing a new term for the free enterprise system, which Soros calls "market fundamentalism" !

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