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Jim Rickards Slams Tech Bros Running The Marxist Playbook
Jim Rickards Slams Tech Bros Running The Marxist Playbook
Authored by James Rickards via DailyReckoning.com,
Can Marxism offer a framework for understanding artificial intelligence (AI) and the tech bros behind it?
This is not to suggest that Marxism is a viable economic system or a practical alternative to capitalism. It’s not. But Karl Marx was a heterodox economist before he became an ideologue, and some of his ideas are powerful tools for understanding economics, even if his overall program was a failure.
Let’s use some of those tools to understand the rise of...
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Full Year Forecast (courtesy of Bloomberg):
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