Review of a fundamentally flawed article which violates Marx’s method by using an impermissible assumption.
December 23, 2023 Leave a comment
It seems that latterly I find myself in the position of having to correct authors who are using Marx’s categories incorrectly. In the case of these authors there was no reformist agenda, but rather an agenda influenced by the specific set of circumstances found in dependent countries. While it is true these economies under-sell their exports and over-pay for their imports, that they are cursed by under-valued currencies, this cannot be allowed to contaminate the categories established by Marx to expose and explain the dynamics as well as the failures of capitalist production.
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