Wheels within wheels.

[Galen]

(08-19-2018, 11:57 PM)pbrower2a Wrote:

(08-19-2018, 10:26 PM)Galen Wrote:

(08-19-2018, 09:08 PM)Eric the Obtuse Wrote: Essentially, Marx was wrong in his predictions for the developed capitalist world, because the revisionists were right and the revolutionists were wrong. Revolution was applied to the developed world, with mixed and generally tragic results. Revisionism was applied to the developed world, and despite the temporary resistance of the nationalist-type "socialists" (largely misnamed), succeeded in creating a working mixed economy.

Marx was wrong about pretty much everything.

He is worth starting a discussion. If he was wrong he was wrong in ways that few could predict at the time of his death. 

Ludwig von Mises figured out the inevitable destruction of the Soviet Union and for the most part the means by which the Communist Party would try to prevent it in 1920.  The reason you do not know this is because either you are too stupid to read what he wrote or too stupid to understand what he wrote.  This is a much better track record than any Marxist or socialist has ever had.  In fact Mises had correctly predicted the crash of 1929 when almost everyone else failed to see the crash  coming.  
Consider for a moment how the Skyscraper Index predicts economic crashes which is a mystery to everyone but Austrian School economists who understand Austrain Business Cycle theory.

Those who follow the Skyscraper Index believe that another economic crash is near.  I think that they are right and have configured my investments accordingly.  By the way I have done this many times before and it has always worked out well for me.  Like it or not its hard to argue with results but no doubt you will because the Prophet generation has a nasty tendency to ignore reality which always ends badly.  You and Eric the Obtuse simply can not accept that socialism does not work.