Still Bigger Than Adam Smith…
The Economist has a sharp piece on the accumulated errors of Marx–and the persistence of his influence. Noting that books in print about Marx outnumber those about Adam Smith by a factor of between 5 and 10, the article concludes:
Anti-globalism has been aptly described as a secular religion. So is Marxism: a creed complete with prophet, sacred texts and the promise of a heaven shrouded in mystery. Marx was not a scientist, as he claimed. He founded a faith. The economic and political systems he inspired are dead or dying. But his religion is a broad church, and lives on.
