...you have everything confused, and I think you should hesitate before declaring an entire school of thought wrong, especially if you do not know how to properly describe things. But, points to you for coming out here and laying out what you think the difference is - I think that your comment fairly accurately describes the misinformation in the West about Marxism. (I'm not a fan of Marxism, the full enchilada and self-service car wash, but I am a fan of Marx the man.)EmperorIng wrote:This should be obvious, though. Capitalism is derived from a real-world principle (exchange of goods of differing/equal values), whereas Marxism is based off of an idealistic supposition of how things ought to be (government-mandated distribution and economic management).Mischief Maker wrote:So, let's hear it. Why does capitalism lean realist and Marxism nominalist?
Marx was one of the crucial players in the development of capitalist economic theory - yes, that very same one you are talking about. He follows directly after Adam Smith, the philosopher who founded the modern discipline of economics, in making certain philosophical distinctions about value - Adam Smith was not just interested in "how the world works" but "how the world should work." There is nothing wrong with explaining "how the world works" but unless you deny the naturalistic fallacy ("how the world works is how it should work, of course!") you will want to do more than this. Marx might only have a subsection in the Wikipedia article on Capitalism but if you follow the links around you will discover a number of crucial modern economic concepts got their start with Marx.
Even taken on his own terms, Marx is almost wholly concerned with first explaining what really happens in societies - having done that, I think he is less concerned about micro-managing the response, given the knowledge that bad conditions cannot simply be swept under the rug as they had been before. This is why he worked closely with Engels, who studied and recorded real conditions in Steel City - Sheffield, England - at a time when nobody else cared to. This is why Marx criticizes the unrealistic assumptions behind interest, using colorful thought experiments to demonstrate their impossibility. What makes Marx different from other economists is that he has somewhat different prescriptions, but this does not make him any more a "dreamer" than other economists. Some economists hew more closely to "what can actually be done" at the cost of losing some justice, while others care more about doing what is right. What is "right" can look quite different from Marx if you are a Laissez-faire capitalist, even though the effects on a society guided only by Laissez-faire principles would be no less intrusive than under a Marxist system.
When you say "capitalism is derived from..." and "Marxism is based off..." you are comparing two completely different things. All economic theories can be justified, and all economic theories need solid evidence. "Laissez-faire capitalism" is just as concerned with spinning out fairy tales about how "the world really works" as Marxian philosophers are. Marxian economics is fundamentally materialistic, but one of its key differences is simply that it views freedom in a slightly but importantly different way than a laissez-faire capitalist.
Yes, this is a better way of putting it than I did, and I agree with it.ChurchOfSolipsism wrote:Political freedom (and according to everything I have read, we find more of it say in Western Europe than in China) is not just a good in itself - it will lead to many processes, including journalism, evolving and developing a higher quality, since plurality itself will lead to competition.Ed Oscuro wrote: But does that mean we're worse off in a system which has, as ChurchOfSolipsism said, a pluralistic media, just because the news might not be completely accurate? Well, it so happens that in other nations with state-controlled media, there isn't any likelihood that the news there will be more complete or more accurate, either, because those societies have their own experts and their own storylines - and even fewer opportunities for challenging them.