Is Carl Menger a Socialist?

Posted by dbhalling 8 years, 10 months ago to Economics
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arl Menger is often touted as the savior of Austrian Economics, but assuming all the above is true he is hardly a principled capitalist. In fact he sounds like a standard conservative who is against government intrusion in the economy until he is for it.


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  • Posted by 8 years, 10 months ago in reply to this comment.
    Other than marginal utility, I see absolutely no real value in his work. However I see many evils, including the subjective theory of value and his epistemology is straight Kant. So he undermines science and reason.
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  • Posted by $ MikeMarotta 8 years, 10 months ago
    I do not know about this. Menger was not the "savior" of Austrian economics. He was the founder. As such, he was a man of his time. His analyses were correct in many respects, and flawed in others. His students built upon his work. To blame Menger is to blame Adam Smith: the errors in context do not disprove the work en toto. The same is true of Ludwig von Mises. ... and if you want to argue Einstein and physics we could go back and forth all day.

    Pseudo-Objectivism allows the moral condemnation of anyone who ever made a mistake.

    Myself, I find interesting insights in the works of Karl Marx, and Nikolai Lenin. Truth is where you find it.

    For whatever errors he committed -- and he did -- Menger stood against the rising tide of Marxist socialism which claim a "scientific" basis that he refuted.
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  • Posted by 8 years, 10 months ago in reply to this comment.
    When ever I pin down an Austrian on Mises or Hayek they always switch to Menger as the savior.
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  • Posted by Zenphamy 8 years, 10 months ago
    Gov't this, gov't that--looks a lot like socialist to me.
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