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Capitalism's death toll (lemmy.ml)

submitted 5 days ago by [email protected] to c/[email protected]

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[–] [email protected] -1 points 1 day ago

The georgist definition capital is the same as the classical economic one. The only school that doesn’t see it that way is the neoclassical one. And the only reason they don’t is because they made simplified assumptions in the marginalist revolution. Marx made similar simplifications in other ways.

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