An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Thursday, April 12, 2012
Marx and Engels and “Small Is Beautiful”
For those interested in Marxian economics and E. F. Schumacher.
Yeah, to Marx and Engels "small is beautiful", that is until you read their "Communist Manifesto", at which point you will see grandiose visions of country, indeed world-sized centralized banks, centralized agricultural bureaus, centralized education, and other non-small government agencies.
Yeah, to Marx and Engels "small is beautiful", that is until you read their "Communist Manifesto", at which point you will see grandiose visions of country, indeed world-sized centralized banks, centralized agricultural bureaus, centralized education, and other non-small government agencies.
ReplyDeleteThen big becomes beautiful.