Dark Marxism

We dive into the centuries-old controversy of economic value: is it determined by the objective difficulty of bringing goods to market or by the subjective preferences of consumers? The discussion frames this conflict using Adam Smith’s famous water-diamond paradox. We explore the 1870s marginal revolution, where economists like Menger, Jevons, and Walras developed subjective theories based on the principle of diminishing marginal utility. This analytical method also served an ideological purpose,

A wide-ranging conversation among participants in the econophysics Discord server, featuring Ian Wright, Alex Creiner and Leone. The discussion primarily centers on Wright's provocative idea of "capital as a real god," a concept suggesting that capital functions as an emergent control system with its own primitive intentionality, goals, and representations, quasi-independent of human will. The participants also explore the concept of "occult magic" in politics and economics,