this post was submitted on 11 Aug 2023
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Much of Marxist literature is still taught in universities because it's in fact been such a good analysis of our economic system that it's still relevant to this day
That simply is not true. Marx's sociology and anthropological work has some value but the vast majority of Marx's views on economics are no longer seen as useful, accurate or relevant. Bringing up Marx as a source us like bringing up Adam Smith, sure they wrote highly influential works but what was correct has been incorporated into the classical literature and what is incorrect, such as the labor theory of value, is taught as an example of previously held incorrect beliefs.
Very little of what Marx did is relevant to today's economics because the focus is so incredibly different.
Our extreme capitalist society discards Marx? No way!
No, economics as a subject writ large in all nations has moved past Marx. Marx was a human and as such he was wrong about some things. Why would we cling to dated material that we know is not correct because a bunch of fanboys, who aren't academics, think we should?
Do you think physics should hyper ficus on Newton or might you concede we have learned things since then?