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Lecture 12 of 16 · Austrian Theory

What is your favorite quotation on Marx?

Murray N. Rothbard · 0:49 · Recorded 13 July 2009

What is your favorite quotation on Marx? by Murray N. Rothbard is a free audio lecture (0:49) at freecapitalists.org, recorded 13 July 2009, part of the 16-lecture series Austrian Theory.

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0:00To conclude with Ray, Marx's value theory, to witness von Bawerk or Mr. Joseph, H.W.B. Joseph wrote a book on labor theory, value, and Marx, to witness von Bawerk or Joseph carving up Marx is but a pedestrian pleasure. For these are both pedestrian writers who are so pedestrian as to clutch at the plain meaning of words, not realizing that what Marx really meant, Cole, has no necessary connection with what Marx undeniably said. To witness Marx surrounded by his friends is, however, a joy of an entirely different order. For it's really clear that none of them really knows what Marx really meant. And even a considerable doubt as to what he was talking about, there were hints that Marx himself did not know what he was doing.

0:45In particular, there's no one to tell us what Marx thought he meant by value.

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Austrian Theory

16 lectures, 0.2 hours, recorded 2009. See the full series or subscribe by RSS.

Speakers: Murray N. Rothbard.

Recording date and topics for this lecture come from the Mises Institute's page for What is your favorite quotation on Marx?, checked 2026-07-23.

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Can I listen to What is your favorite quotation on Marx? free?
Yes. It plays as audio in the browser on this page, and downloads free with no signup.
How long is What is your favorite quotation on Marx??
The recording runs 0:49.
Who gave the lecture What is your favorite quotation on Marx??
Murray N. Rothbard delivered it, in the series Austrian Theory.
When was What is your favorite quotation on Marx? recorded?
It was recorded 13 July 2009.
What series is What is your favorite quotation on Marx? part of?
It is lecture 12 of 16 in Austrian Theory, which is free to stream or download in full.