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kieselguhr_kid | 2 years ago

It's a lot easier to argue against Marx than against Marxism, just as it's a lot easier to argue against Darwin than evolution. Marxism as a school of thought has evolved quite a bit since Marx, who any non-crank would admit was wrong about a host of things.

Marxism is largely descriptive, and so many people claim that it cannot be falsified. But there are ways you could falsify Marxism: - Capitalism could mediate class conflict out of existence - Capitalism could grow indefinitely without producing business crises - Wages across the world could become roughly equal in terms of purchasing power, regardless of the country, without an economic crisis.

Now, these would have to happen in the actually existing world, and as such I can see the resistance to labeling them as falsifiable. So how would you falsify orthodox economics?

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