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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Minor post Riccardian economically, but a big deal sociologically. Luther didn't found the church of England but he started the process type shiet
The test Marxian economics fails is simple. Labor theory of value cannot explain more than prices in a one sector economy. It is a special case that cannot be generalized.
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Snapshots:
Phil Magness:
archive.org
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archive.ph (click to archive)
demonstrating:
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Jeet Heer:
archive.org
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archive.ph (click to archive)
John Ganz:
archive.org
ghostarchive.org
archive.ph (click to archive)
Jamelle Bouie:
archive.org
ghostarchive.org
archive.ph (click to archive)
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Nice post, bro! I posted it to twitter.
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I want twitter to shut down so I never have to see Jeet Heer's name again.
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Add some embedded tweets and this is an A tier effort post
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How do I do that?
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go to embed tweet and paste it into your post. it will have some useless bullshit at the end so just delete that
example (click view source on this comment):
admiggers removed the ability to view raw comments but it should look like this:
with result:
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Ty
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Why are twittoids so mad at the idea that Marx became more popular when Russia implemented communism based off his ideas? Am I getting this wrong?
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A core tenet of marxism is that the ideas like historical progression are more than correct, they are inevitable laws of nature.
If Marx only became popular because of the soviet revolution (a revolution that wasn't accurate to marx's predictions) rather than because people independently realized that marx was correct it makes marx's laws look bad, I guess?
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You're right. And plus also, all of the critical theories stem from Marx. So they really need Marx to be right.
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While true, the first victim of critical theory was Marxism. I still see a lot of liberal capitalists about, but when was the last time the left helped someone who's ever held a wrench?
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I hate post war critical theories more than old school economical/political Marxism itself tbh
How it started: workers of the world unite
How it's going: the nuclear family and age of consent are an hetero-patriarchal structures
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No shit? Obviously once he was proved the first (and so far only) commie writer who's ideas weren't just wind he's going to get a lot more backing and support for doing so.
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Then get off your high horse and actually read some of his work before you make such stupid, ignorant statements.
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The fact that he's been given a second chance to prove himself only furthers my theory that the real reason he's getting sacked is because of his old tweets.
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GOOD post
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Thanks bby
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- Most intellectual twitter leftist
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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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Asiatic mode of production
Declining rate of profit
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They didn't completely explore 1
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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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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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Post it to /r/neoliberal and see what happens between the neolibs and the neoneolibs.
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The university of Chicago are problematic and not encouraged in /r/neoliberal, you have to do better
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Iβm too lazy to do it but a bot that just cross-posted Harald Uhligβs tweets would be amazing.
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who is Uhlig?
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Current or former JPE editor and also, unrelatedly, generates lots of stuff like this
https://www.chicagotribune.com/news/ct-university-of-chicago-economist-black-lives-matter-harald-uhlig-20200613-hjqqlox7wjbz5iosdxkgoe7ftq-story.html
Econ Twitter hates this guy bc he has a very powerful position and is anti-woke.
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Phil's great. He had a words words words article on Pikkety's bullshit data too.
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You got a link? I hate that I was forced to read that cute twink in school?
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Magness, Phil and Robert Murphy. Challenging the Empirical Contribution of Thomas Piketty's Capital in the Twenty-First Century.PDF
https://anonfiles.com/69D3q5I3y0/Magness_Phil_and_Robert_Murphy._Challenging_the_Empirical_Contribution_of_Thomas_Piketty_s_Capital_in_the_Twenty-First_Century_PDF
Here's a fun pic by him called "How to Manufacture Rising Inequality":
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They pull literal high school tier bullshit to make data fit
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Never trust a socialist.
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The jokes write themselves
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He should've picked a cooler fake job. I am an actual Colonel in the 1st Maine Blue Jean Brigade (via autism, not reality)
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Are you telling me that... communism... was actually shilled???
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