By Thomas Riggins
"The blogosphere has lately witnessed some interest in a lecture, "Understanding Marxism" posted by Professor Brad Delong of the University of California and a former Clinton administration official. Delong calls himself a neoliberal economist and his lecture is such a confused jumble of misrepresentations and misunderstandings of even the most elementary rudiments of Marxism that its refutation will serve the two fold purpose of clarifying some elementary ideas of basic Marxism 101 and of exposing the absolute insipidity of neoliberal thinking. " (more).
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