Karl Marx said he had discovered the scientific laws of economics.
Value came from labor.
Profit was theft.
Only central planning could build a just society.
But four Austrian economists—Menger, Böhm-Bawerk, Mises, and Hayek—tore his theory apart. 🧵
@Tomhennessey69@Anc_Aesthetics "It is not I who have lost the war, but the German people. The German people has not fought heroically. It deserves to perish".
@realBrandonGill "Our people are losing the war. They don't deserve to survive. The strongest Germans died fighting, and only the weak remain. The Russians are stronger and deserve to win."
@Geiger_Capital "Our people are losing the war. They don't deserve to survive. The strongest Germans died fighting, and only the weak remain. The Russians are stronger and deserve to win."