Customer Review

17 of 385 people found the following review helpful
1.0 out of 5 stars A rationalization for slavery and slaughter, 25 April 1999
By A Customer
This review is from: Capital: Critique of Political Economy v. 3 (Penguin Classics S.) (Paperback)
The book that spawned the deaths of over 100 million people in the 20th Century is, ironically, only a boring litany of economic fallacies. The poverty of the labor theory of value, the absurdity of economic progress without a price system, and the necessary terror that accompanies socialism are all exposed in detail in George Reisman's CAPITALISM. All of you poor proletarians with computers out to read how effortlessly a real economist dismantles your dogma.
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Showing 1-10 of 14 posts in this discussion
Initial post: 1 Mar 2009 11:12:33 GMT
This person clearly hasn't read this volume, or any other volume of Capital for that matter, simply because no-one who actually had read it would characterize it as "a boring litany of economic fallacies." It's difficult to see how one can regard Marx's portarit of the Victorian factory system and the movement of capital as either "boring" or "fallacious".

Posted on 17 May 2009 12:07:02 BDT
H.P.J.M. says:
To blame Marx for the perversion of his doctrine in the form of Stalinism, and other distorted versions of communism in the 20th century is like saying Nietzche was reponsible for the horrors of Nazism. If you had read this book, you may see that this is very different from 20th century dictatorial communism.

Posted on 11 Jun 2009 01:32:58 BDT
Last edited by the author on 11 Jun 2009 01:35:29 BDT
Same could be said about the Bible, or any other piece of literature with great influence.

This book wasn't written after Stalinism and as a rationalisation of it, as the title of your comment suggests. Maybe you should read the book first.

Posted on 6 Jul 2009 21:54:51 BDT
Pillowtail says:
Why not read the book? I have seen many books reviewed like this - both right and left, which makes me wonder how foolish people are

Posted on 19 Nov 2009 10:00:49 GMT
G. Samson says:
Was going to make a comment on the intellectual bankruptcy of this comment, then saw this:

"9 of 216 people found the following review helpful"

Decided there was no need.

Posted on 15 Jul 2010 14:31:25 BDT
P. J. Martin says:
I have see-sawed away from and back to Marx for twenty years and I remember reading some of Reisman's Capitalism over ten years ago. If you want a laugh read the Preface about his intellectual journey (meeting Ayn Rand and learning German amongst other things). I remember thinking Reisman doesn't understand Marx's value theory and his use of mathematics completely misses the point as well. George Reisman also has some very strange ideas on ecology which are worth a chuckle but I have rarely read such self-serving nonsense as said Preface so do have a read. It is hilarious.
As for good old Karl...well, we all know he was mostly right but it will take the coming ecological mess to make people realise this. Read John Bellamy Foster's works on Marxism and Ecology. I think they'e quite good.

In reply to an earlier post on 1 Dec 2010 11:54:07 GMT
oeokosko says:
Thanks for the Marxism and Ecology recommendation. Just the sort of thing I was looking for. 'Control of the means of production' is so old hat.

Posted on 27 Jul 2011 17:08:04 BDT
[Customers don't think this post adds to the discussion. Show post anyway. Show all unhelpful posts.]

In reply to an earlier post on 1 Oct 2011 14:46:31 BDT
Peter Dooher says:
His caption "rationalization ... etc" does suggest that the reviewer believes that Das Kapital is written by an apologist for the brutal excesses of Stalin. It is not. Neither is it a political manual; it is a critique of an economic system. Given recent world events it might just be worth revisiting.

Posted on 15 Jan 2012 23:17:47 GMT
Shatakan says:
How the HELL did this book spawn a single death? It's a critique of capitalism as a mode of production, as I recall it doesn't mention socialism, revolution or advocate ANY kind of political change unto itself - it is simply a highly powerful critique of the existing order. I laugh hard at the irony of your advocacy of a GENUINELY Utopian economist like Reisman, he makes Marx look all the better for his dreamland libertarianism. Free-market worship is the worst kind of dogma, and dogma is precisely what Marx sets out to destroy.
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