12/27/2009

Review of A Critical Inquiry Into The Case Against Capital (Paperback)

In this important work, Larry Eubank presents a comprehensive (and extremely persuasive) refutation of the major tenets of Marxist Economics. Eubank shows, step-by-step, why everything the political left thinks it knows about the "evils" of capitalism is false.

An insightful work in the tradition of Milton Friedman, F.A. Hayek, and the great Julian Simon, THE CASE AGAINST CAPITAL is a must-read for any serious student of comparative economics.

Product Description
The purpose of this book is to show that Marx's central accusation against capitalism -- that it enables capitalists to become wealthy only through their exploitation of laborers, by extracting from them unpaid "surplus value" -- is a fallacy.

Most people today would probably assume that, with the Soviet bloc dissolved and the world's remaining Communist countries in a state of decay, a book on Marxist theory would be unnecessary.

But while Marx has been, in one sense, discredited by the collapse of the empire built on his theories, that doesn't mean his accusation against capitalist societies has lost all credence. On the contrary, his doctrines have continued to gain adherents in left-wing political and academic circles, and in a whole generation of anti-capitalist youth, at the same time that his new form of society has melted away.

This book attempts to unravel, point by point, the entire meandering, convoluted argument whereby Marx claims to make his case; and it pronounces that case a sham and a fraud.

The Case Against Das Kapital is a serious and well argued attack on Marx's economic thinking, and a very serious contribution to Marxist scholarship.

From the Publisher
The purpose of this book is to show that Marx's central accusation against capitalism -- that it enables capitalists to become wealthy only via their exploitation of laborers, by extracting from them unpaid "surplus value" -- is a fallacy.

The Case Against Capital is a serious and well argued attack on Marx's economic thinking; a very serious contribution to Marxist scholarship.--This text refers to the Paperback edition.

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