Note from the Publisher: This piece belongs to the Merion West Legacy series, referring to articles and poems published between 2016 up to Spring 2025.

Karl Marx’s Theory of Primitive Accumulation Is Wrong

Karl Marx’s Theory of Primitive Accumulation Is Wrong
Via Reuters.com

“It is a win-win situation—not the zero-sum world of Marx’s gloomy dystopia. Institutions that reduce transaction costs and enforce well-defined property rights provide an environment in which incentives to economic initiative can thrive.”

Timeless reading in a fleeting world.

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