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The Tom Woods Show

Ep. 509 Was Karl Marx Right About Anything?

The Tom Woods Show

Tom Woods

Politics, Government, News

4.83.4K Ratings

🗓️ 12 October 2015

⏱️ 36 minutes

🧾️ Download transcript

Summary

Pretty much, no. On the other hand, does this not ring a bell? A large group is exploited by a smaller group (a ruling class) that gets the larger group to believe that this exploitation is good and just and not exploitation at all; competition among the ruling class creates more concentration and centralization, and eventually, breakdown.

Transcript

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0:00.0

The Tom Woods Show, episode 509.

0:03.5

Prepare to set fire to the index card of allowable opinion.

0:08.1

Your daily dose of liberty education starts here, the Tom Woods Show.

0:14.2

Don't let opportunity pass you by.

0:17.2

The internet is handing you opportunities on a silver platter.

0:20.7

With code school, you can learn a skill that's in heavy demand in your spare time, namely web technologies and web development, and learn it enjoyably and cheaply.

0:30.2

Get your free account at tomwoods.com slash code.

0:33.9

Welcome to another week of the show.

0:36.6

Today I've got a provocative show episode title. And normally my titles are very sledgehammer. You know exactly what you're going to get. But you must have looked at this title and thought, what is that jerk getting at here? What's he driving at with a title like this about whether Marx was right about anything?

0:56.6

Is he going to say that Marx was maybe right about something? Well, I'm going to shock you today

1:00.3

with the initial thesis being advanced here. And what I'm really doing is I want to work you through

1:06.2

one of the articles that really shocked me when I first read it when I was a young whippersnapper in this

1:11.6

movement. And it's an article called Marxist and Austrian class analysis by our old friend Hans

1:18.2

Herman Hoppa. It appears in his book, The Economics and Ethics of Private Property, but it can

1:24.2

also find it in the Journal of Libertarian Studies, and I will link to both on the show notes page.

1:29.1

Of course, tomwoods.com slash 509.

1:32.4

But what a startling thesis he's got in this article, and I'm going to read you paragraph number one, and to draw you in, and then I'm going to lay out for you the main propositions of the Marxist

1:48.1

belief system.

1:49.9

And I'm sure you more or less know most of them, but I want you, as I'm reading them, to think

1:54.7

over how there might be a kernel of truth in there, even though it's totally deformed and distorted

2:02.0

by Marx.

2:03.3

That, in other words, maybe there is exploitation in the world, but he's simply misplaced

...

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