Capitalist vs Communist debate. hilarious.

[uttermost]

 

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Truth - There's no such thing as capitalist theory that can refute Marxism. Marx has pretty much figured out markets way back in the 19th century itself.

The current 'economic' theory is just a bastardised version of capital propagated to help the rich. There's no way a capitalist can win an argument with a Marxist. Its just not possible.

The capitalist in that audio made a big fool of himself, haha..

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Capitalist : I have read all three volumes of 'The Capital'

Marxist : No, you have not. Why are you lying? 

Capitalist: Yes, I have

Marxist: Okay, if you have read all the 3 volumes of 'The Capital', tell me what CVNS stands for.

Capitalist : blurrrrlburjdkalfiodajkfdsaiojkldsaui............

[bala7]

4 minutes ago, uttermost said:

Capitalist : I have read all three volumes of 'The Capital'

Marxist : No, you have not. Why are you lying?

 

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Bunch of these bozos, with half baked nonsense they learn in their MBAs, pretend like they understand free markets and give inputs on how to manipulate and profit off it.

basically, they sell snake oil to whoever is interested to buy.

They lie that Marxism won't work. When Marxism is not a doctrine, but just an empirical observation of how markets work. It is not falsifiable. Hasn't been for more than a century now.

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Marxist: How many times have we gone over the fact that labour theory of value is not a theory of market price.

Capitalist: So what does it explain?

Marxist: It explains equilibrium prices. do you deny that there as such things?

Capitalist: In the real world, such a thing are seldom reached. (haha.. this is where free markets are gone for a toss).

Marxist: What difference does that make?

Capitalist: Because we ar talking about the real world.

Marxist: Equilibrium prices are part of reality. They are just not observed. They explain the laws of motion of capitalist economy as a whole

Capitalist: the laws of motion of capitalist economy as a whole is that people want stuff, and they try to buy it.

Marxist: That's not contradicting the labour theory of value. .......

haha.. The capitalist is stumped. There's simply no answer.

 

 

[uttermost]

The only way to argue with a Marxist is to cede ground that Capitalist has no comprehensive 'theory' of value, and that he gambles on his assumption about market price, and succeeds if he gets it right.

Starting right off the bat with the claim that Marxist theory of value is nonsense is going to make one look like a fool.

Even then, Marxists cannot be disproven on economics. Certainly not free market economics. If you want to talk about govt intervention, that's entirely voodoo capitalist modern economy, that Marx hasn't touched much on.