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 2022||In Memoriam: Richard L. Stroup (19432021)|
|Summer 2022||Markets With Limits:How the Commodification of Academia Derails Debate|
|Summer 2022||The Prehistory of Private Property:Implications for Modern Political Theory|
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