Marx’s Dialectical Materialism and Capitalism A Tract Book Essay By Anthony J. Fejfar, B.A., J.D., Esq.

, Coif © Copyright 2007 by Anthony J. Fejfar Previously, I have argued that Marx’s Communist Manifesto is a fraud. Without belaboring the point here, I would also like to argue that Marx’s notion of Dialectical Materialism found in the Communist Manifesto, is essentially Capitalist in nature. The notion of dialectical materialism found in Marx is typically attributed to Hegel. Hegel argued that there was an Absolute Spirit in History, and that History unfolded in a dialectic of ideas: Thesis-Antithesis-Synthesis. Marx took this idea and made the dialectic one of material causes rather than ideas: material cause-opposing material cause-material synthesis. Now, without putting too much effort into the analysis it is apparent that Marx was really talking about market capitalism: Contract Offer-Material Cause<>Contract Counter Offer-Opposing Material Cause= Contract Material Synthesis or Equalibrium Agreed upon Price. Now, this isn’t too bad as far as it goes, but from the standpoint of Liberal Economics there are some problems. First of all, the equation fails to take into account various notions such as elasticity of demand and supply, and externalities. Additionally, I have argued that Value is an element of every market transaction, not just a rationally negotiated price.

So, I argue that Marx was really up to giving his audience a bastardized version of capitalism which was destined to fail.

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