Was Karl Marx a Public-Choice Theorist?
By Michael C. Munger
Marx was often wrong on factual and theoretical grounds, and his prophecies and prescriptions were a disaster. His critique of capitalism in democracies, however, offers useful insights about ironic political coalitions; interest groups and collective action; and rent seeking and antitrust.
|Other Independent Review articles by Michael C. Munger|
|Summer 2021||Populism, Self-Government, and Liberty|
|Summer 2021||Reinventing Racism; American Awakening; That Is Not Who We Are!; The Dictatorship of Woke Capital|
|Summer 2021||Republic of Wrath: How American Politics Turned Tribal, from George Washington to Donald Trump; Democracy against Liberalism: Its Rise and Fall|
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