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Re:Young, Unemployed and Living on the Street by crasshopper on Wednesday December 19, 2012 @12:59AM (#4941386)
I don't understand your radians/degrees analogy. I'm saying that richer people hold more equity. It has nothing to do with a framework of analysis.
Re:Young, Unemployed and Living on the Street by steveklabnik on Wednesday December 19, 2012 @01:15AM (#4941417)
Right, but you have a chart that only takes into account wages which ignores things like 'wars' and 'embargoes' and 'happiness index' and doesn't even cite its numbers, and a vague hunch about relative values of securities. Really, all of this is far too muddy on both of our sides, combined with said terminology gap.

I really should be coding, not typing on HN, so I'm going to gracefully bow out of this conversation, but thank you for continuing it, you've been great. Two thoughts as I leave you: 1. the fact that many people have things like stocks in their 401Ks is one of the reasons that I think Marxist theories need updated, though I think of them as generally sound. Luckily, many people have since Marx's time (First Lenin, then Mao, and many, many others) and 2. Marxism is really about a methodology than a strict set of answers: you use the tools of dialectics and historical materialism to produce a scientific analysis. That applies to Marxism itself as well, and like any science, its theories will come and go, be made stronger or weaker as history marches on. That's not a flaw, it's a strength, and it's why Marxist analyses have been used across a variety of fields, not just economics.

Thank you for this break as I work on the documentation for the impending Rails 4 release.

Re:Young, Unemployed and Living on the Street by crasshopper on Wednesday December 19, 2012 @02:09AM (#4941530)
=) You're welcome. Have fun and I'll get back to work as well. I agree that stocks and mortgages don't capture happiness, wars, and so on.

For anyone who cares to pick up the thread, steveklabnik has left you with:

Marxism is really about a methodology than a strict set of answers: you use the tools of dialectics and historical materialism to produce a scientific analysis