Phil Magness has spent the last several days being inundated by leftoid sneed after publishing a paper in a top econ journal, the Journal of Political Economy, demonstrating that positive citations and overall academic influence for Karl Marx skyrocket after 1917, when the Soviets seized Russia, and that this effect is robust relative to a synthetic control (a standard modern econometric test). Despite their frequent sneering jibes against "muh free marketplace of ideas," Twitter leftoids took this as a grave affront: surely Marx must be so influential because he's a unique giga-brain genius who won out on sheer intellectual brilliance! Jeet Heer, John Ganz, and Jamelle Bouie have all taken turns seething at Phil over this, along with many others - Phil's Twitter timeline is a goldmine of sneethe, if you care to dig in.
Economist Demonstrates Marx Was Launched by 1917 Russian Revolution; Twittards and Marxoids Screech, Cope, and Seethe
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Marx was unironically a complete fricking hack. His (Engel's) only genuine contribution to sociology was to point out that rich buttholes tend to stick together to perpetuate their position in society.
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NOOOOO HUMAN HISTORY EVOLVES THROUGH FOUR CLEARLY-DEFINED STAGES, LIKE A GAME OF SPORE NOOOOO
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Attention, all humans! The tribal stage will be ending in one hour. Please tear down your tents and spear racks and replace them with a modern city before then. Thank you.
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Cool it with the anti-semitism
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the labor theory of value is the gift that keeps on giving. its a good way to identify rslurs that belief digging and refilling a ditch has inherent value. then again, judging by how fat westerners are these days, maybe marx was right all along.
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LTV is so r-slurred it makes me unironically seethe
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Seriously. I never forgave wells fargo when they wouldn't let me trade in my pontiac vibe for a seven year old bmw 5-series
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Asiatic mode of production
Declining rate of profit
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They didn't completely explore 1
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