econ 101: Marx sucked as an economist*

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  1. “Leftchild” is apropos.

    A size large egg is 4cm across and 6cm long; it displaces 50cc. At 19.3gm/cc, a 50cc golden egg would weigh 965 grams, or 31 troy ounces. At today’s prices a golden egg is worth a bit more than $52,000. Not a bad daily income at all, for an investment worth (literally!) chicken feed.

    Oh, and if the chicken had a big lump of gold inside, they would have found her to be mighty heavy, right?

    Comment by Drew458 — October 12, 2011 @ 12:10 pm

  2. Marxists are less concerned about getting at the wealthy’s hidden loot as they are miserable corksuckers who want to bring down everyone to their level of misery…

    Comment by TimO — October 12, 2011 @ 12:32 pm

  3. Marxists are less concerned about getting at the wealthy’s hidden loot as they are miserable corksuckers who want to bring down everyone to their level of misery…

    Comment by TimO — October 12, 2011 @ 12:32 pm

    Yes! it is not about making people equal it is about selfish people who wants others to be as miserable as them. And they do it cuz they are told by their dear leaders that it is right and that is all the justification they need, Maybe they know they are useful idiots or maybe not.. As I have always said. “They are ether evil or stupid, there is no other explanation.”

    Comment by SherryM — October 12, 2011 @ 1:01 pm

  4. Funny how many of Aesop’s Fables offer up more sense and guidance than our media and politicians these days.

    Comment by Stilton — October 12, 2011 @ 1:07 pm

  5. Maybe worst of all, he sucked as a parent. He didn’t provide for his children, and at least one of them died of malnutrition.

    Comment by PeggyU — October 12, 2011 @ 2:14 pm

  6. Well, he just sucked as a human being. An excerpt from a biography, Karl Marx: A Life, by Francis Wheen:

    “Once he had flown the nest, Karl had little more to do with his mother — except when he was trying, seldom with much success, to wheedle money out of the old girl. Many years later, after the death of Engels’s lover Mary Burns, Marx sent his friend a brutal letter of condolence: `I am being dunned for the school fees, the rent … Instead of Mary, ought it not to have been my mother, who is in any case a prey to physical ailments and has had her fair share of life?’ “

    Comment by PeggyU — October 12, 2011 @ 2:36 pm

  7. Reminds me of a story about when Castro appointed Che Guevara as Minister of the Economy of Cuba. After a couple of years, the economy was in shambles and Fidel had to, relunctly, fire Che.

    The story goes that when he called him into his office to fire him, Fidel said, “What happened, Che? I thought you said you were an economist?” Che reported replied, “Economist? I thought you said you needed a Communist!”

    Comment by Hog Whitman — October 12, 2011 @ 2:41 pm

  8. PeggyU – Great quote.
    That anecdote is really telling about how morally bankrupt the Left is, right from the mouth of their High Priest.
    How it’s all about Me, the Annointed One; I am smarter than all the rest, and I deserve to be a kept man, so that I can tell the rest of you proles how to run your lives. It’s only fair that you sacrifice yourselves for Me.
    What a disgusting man.

    Comment by dick not quite dead white guy — October 12, 2011 @ 3:25 pm

  9. Actually the 99 percent ARE greedy fools.

    They spend when they should save, borrow when they should do without, party when they should work, and in general don’t look ahead more than one day at the most.

    I thank God we have paid off our house and cars (vacation? What is a vacation?) But we did that by paying more than the minimum and we didn’t get no $500,000 house (or even $250,000 buck house!)

    Yea most people live hand to mouth.. and in the coming days they will have a very hard time.

    Comment by Paul — October 12, 2011 @ 3:48 pm

  10. Ironically, not only are societies based on Marxist ideas poor, they’re among the most rigidly stratified class-based societies around.

    You can say “classless society” all day long if you’re in the political ruling or managerial class.

    Comment by Merovign — October 12, 2011 @ 4:35 pm

  11. Speaking of fables, a cartoon referencing the Ant and the Grasshopper would be appreciated.

    Comment by RobertK — October 12, 2011 @ 5:17 pm

  12. Marks and Engels were lesser nobles, well to do but they had no chance at any real power so they made one up.

    Comment by Gwillie — October 12, 2011 @ 5:52 pm

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