Published works and works in progress by Lawrence Eubank | |||
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The purpose of "The Case Against Capital" is to show that Marx's central accusation against capitalism -- that it survives only by exploiting unpaid "surplus value" from the toil of the working class -- is a fallacy.
This book attempts to unravel, point by point, the entire meandering, convoluted argument by which Marx makes his case; and it pronounces that case a sham and a fraud.
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In Defense Of Protectionism(chapter 1 of a work in progress) |
"Protectionism" as a response to off-shoring is roundly condemned by economists, being called a violation of classical economic principles. But off-shoring, rather than being an issue of free trade, absolute advantage, or comparative advantage, is a matter of capital flight, and by the terms of Adam Smith's own analysis does not merit defense.
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This article from the October, 2007 issue of Chronicles, A Magazine Of Culture is a somewhat briefer version of the above book chapter -- why "protectionism" is better for our economy than "sacrificialism"; and why the pundits, economists, and heavy thinkers don't care about the off-shoring of our manufacturing base and our resulting huge burden of debt.
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