Lecture 4 of 7 · Marx and Marxism
The Marx Nobody Knows
The Marx Nobody Knows by Gary North is a free audio lecture (47:40) at freecapitalists.org, recorded 28 May 2004, part of the 7-lecture series Marx and Marxism.
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0:00What you've heard from Murray Rothbard about some of the background of the radical movements of the 19th century I think is very accurate. A lot of food for thought, a lot of projects to work on in the future. I would call Marx not so much a Christian heretic as I would a Christian apostate, which I think very self-consciously he was. But he was able to tap into a long tradition of revolutionism and conspiratorialism, which had existed certainly from the 13th century and probably, as Murray hinted, can be traced back all the way to Plotinus and the influence of Neoplatonism on the early church.
0:51But my job is not to discuss that today. We're talking more about Marx, the individual, and some interesting and not well known aspects about Marx in his life, which you can, if you work hard enough, dig out of even secondary source literature, but is not widely emphasized and certainly is not found in the textbook accounts of Marx and the influence of Marxism. There is initially a very important problem which is virtually never discussed, and that is the missing manuscripts. The historian always is tied one way or another to existing documentary evidence, but there is an enormous volume of suppressed material that the public is not generally aware of.
1:44In Albert Camus' The Rebel, there is a brief reference to the fact that in the Soviet archives, this fact was picked up by a victim of communism. His name is Richard Wormbrand. Wormbrand is a pastor out in Southern California who for about 14 years was in a Soviet prison, not a Soviet prison, but a communist prison. I believe in Romania where he was tortured on a regular basis. So he has a kind of natural hostility to communist ideology and he got involved in a research project and he came across this reference in The Rebel to the fact that there are these enormous quantities of suppressed manuscripts.
2:31So about 1980 he wrote to the director of the Marx Institute in the Soviet Union The Soviet Union saying, is any of this true? And the guy wrote back and said, kind of squirmed around, but basically said, well we've had some trouble, we had intended to publish all of this material, but we've had some trouble because of the effects of the war. Which is World War II, which was 35 years prior, and you kind of wonder how it is the effects of the war are still bottling up this volume of material. So when we make these speculations about what Marx wrote, what he really thought, I have a suspicion that the hardcore stuff has been suppressed from the beginning and that until that has ever opened up, I don't think we're really going to be able to document much of what we say about the man, but enough of it is available, there are enough primary source I want to begin with at least a problem I think with respect to Marx and that is the old problem that Lenin points to which you're going to find if you ever come across it, there's a statement in his book,
4:00He writes this in passing as if this is no particular problem for Marxism. He writes of communist consciousness the following. This consciousness could only be brought to them, meaning the proletarians, from without. The history of all countries show that the working class, The Theory of Socialism, however, grew out of the philosophic, historical and economic theories that were elaborated by the educated representatives of the property classes, the intellectuals.
4:52The founders of modern scientific socialism, Marx and Engels, themselves belonged to the bourgeois intelligentsia. And then he goes on. And yet, if you think about that, this poses an enormous problem for the whole structure of Marxism. Socialism, because how is it that you would find the founders of scientific socialism being the products of the very bourgeois intellectual class which is going to be overthrown in the next stage of the development of world historical processes? And so nothing is said, Lenin simply goes on, he makes a statement, perfectly accurate statement about Marx's background and Engel's background.
5:45And the fact that communists have generally simply dropped any discussion of this very difficult exegetical problem, an historical problem, I think is indicative of the theoretical difficulties of the system. It's my personal opinion that the reason that Eric Hoffer was such a hot property in the 60s is that they finally found a proletarian dock worker who could spell. And so they elevated him into this highly intellectual figure, I mean they had been waiting for this kind of incarnation of the movement for a hundred years and they brought The difficulty with Marx is, he of all people, All men in history was not the incarnation of proletarian consciousness and certainly not of proletarian background.
7:08And so I want to talk a little bit about his background and the difficulty that that background creates for Marx's theory. He was born in 1818. He was the son of a converted Jew, the Heinrich Marx, who for political and economic reasons had joined the state church in Trier in what is now Germany. The father was son of a rabbi. His mother was also the daughter of a rabbi. He had rabbis on both sides of his family. He was trained in the gymnasium, had a first rate education, and as Murray has mentioned in his speech, at one stage at least in the teenage years was very self-consciously a Christian, although a liberal and pietistic garden variety of Christian, he was certainly not rigorously orthodox or tied to Christian theology, But he was self-consciously, publicly, a Christian gentleman, young man, son of a Christian gentleman.
8:21His father wanted him to go into law, more or less to inherit the family tradition now. He expected the young man to be productive and a solid citizen. The problem that Father Marx had was the problem that generations of parents have been having, which happens over and over as he sent him off to college and the young man imbibed rather deeply on the material that he was given and while the father really couldn't do much about it and was respectful of the son and proud of the son's intellectual accomplishments, the father realized very clearly that the son was drifting off into some kind of strange radicalism. The funny thing Something about this, you can go back to Aristophanes' The Clouds and find almost exactly the same kind of crisis taking place in this, a man who sends his kid off to study with Socrates and the kid comes back absolutely a lunatic and the father doesn't know what he can possibly do with this kid, almost exactly the same thing happens to Karl Marx's father.
9:33And he sees his son in whom he has invested all of this hope, this son is drifting away into radicalism, and the father, in fact, once made this statement, says that like every weekend, you construct this magnificent, all-important, all-encompassing theoretical system, only to be scrapped the following weekend for the next all-encompassing theoretical system, and that really is what he did. He sent him to the University of Bonn, where the son got involved in fraternity operation, got involved in dueling, seemed to be just destroying himself, spending enormous quantities of the father's money, which was a habit, by the way, he got into, he never really got over that habit, and the father kept complaining and finally said, you're going to the University of Berlin, which was the classic academic workhouse of Europe at that time, and Marx dutifully went, got involved in a group of left Hegelians, in a group called the Doctors Club or Professors Club, which met in a in a tavern on a regular basis. He would go through fits of
10:42enormous quantities of reading and then fits of just basically boozing it up with the guys at the group and philosophizing. Never graduated from the University of Berlin, took fewer and fewer courses over the years to where it was maybe one course a semester, was spending the equivalent, regularly The equivalent to go to school of anywhere from two to three times the normal income of a family in Germany at the time. Enormous quantities of money. And then, would always be begging for more from the father. Finally, he could not face his doctoral examinations, and so he wrote his dissertation, which you've heard reference to on Democritus and Epicurus, and submitted it to the University of Jena.
11:35Back in those days, they had a system that was kind of mail-order degrees. If you wrote your dissertation, you got a doctorate. About three or four weeks later, he got his doctorate, and he went off to become a journalist. And the father never quite got over it. He never actually, he was dead by the time Marx graduated, but he never got over the fact that he would not go into law, would not do anything productive. Marx was determined not to get involved in any of these bourgeois activities such as work. He was absolutely philosophically and religiously opposed labor that was in any way remunerative. He was very fortunate that he was able to get a series of jobs during this period from radical newspapers, Most of which were being financed by businessmen who would hire these bright young men to make critical statements about the church, very strong anti-clerical position, and then very often also, to some degree or other, hostile to certain old traditions of the inherited Germanic class.
12:43They'd hire these radical kids to come in and write the papers, and of course the kids turned around, turned the things, These papers into revolutionary propaganda devices at which time the state would come in and shut them all down and the investment of these guys would disappear. It's very much actually like sending money to a Harvard University through the alumni annual request for funds, but it was at least in those days they attempted to make a profit whereas when you send the money to Harvard and Princeton you know darn well there's not So, in that sense, I guess, the 19th century bourgeois businessman had a little bit more sense than today's. Now, what happened was they began to fund Marx and he had supporters, proletarian-type supporters, who would send money.
13:34And what I began to do in the last year or thereabouts, I had studied Marx's later career 20 years ago and found out that in terms of the money that he was getting from Ingalls it placed him in the upper 2% of all British income recipients which is not usually found in the textbooks so I began to get curious this last year about what was the the income level that he was receiving during the period 1844 to 1848, the formative revolutionary period in which true revolutionary consciousness was brought into the mind of this young bourgeois intellectual.
14:23What he was getting was approximately the equivalent, if you go by conventional standards today and comparable income levels, of somewhere between $100,000 and $125,000 per year being were funneled into him by these various bourgeois promoters who were trying to get these revolutionary magazines and newspapers off the ground. I have yet to see in any published form the fact that this was the level of income that he received. There are few bits and pieces, especially in the biography by Raditz, a very fine biography which I recommend by Fritz Raditz on Karl Marx published in the early 1980s.
15:16Raditz gives you the numbers, you know, the numbers of the income, but he doesn't make comparisons of what the purchasing power of the money was. and what I did, fortunately, I ran across an obscure historical document, a book published in the 30s on the national industries, national, they're basically trade union organizations that were set up in 1848 and they began, in this study, it was published by Harvard University Press about 1933 by Mackey, there were comparisons, studies were done, Statistics were gathered in 1848 during the revolutionary period in which the Great Revolution was taking place.
16:05They began to do studies of how much money that Paris workers were making. And it was on the basis of those comparisons that I was able to get at least kind of, not very accurate, not very sophisticated, but kind of preliminary estimates of how much money Marx was pulling in. He pulled in over a period of about four years, 15,000 to 16,000 leavers. I guess that's the pronunciation. My French is abominable. But it was in terms of the living standards of the day when the average family was earning four to five hundred a year, he was doing extremely well, extremely well. Now, you have the legendary Marx, the Marx of the Soho period, the period in which Marx lived this poverty-stricken life and was endlessly begging angles for money.
17:00And that is true. It began about 1848-49, when he was expelled from country after country because of his revolutionary activity. He went to London, and he did live unquestionably just very poverty-stricken life. And he was actually so poverty-stricken at one phase is that he did go out to an employment agency and look for a job. He was going to be a telegrapher at a train station, except they looked at his handwriting and they said, there's no possible way you could be employed here, and that was it. That was his one quest for employment during an academic career of about 45 years. He went home dejected and immediately wrote to Engels for more money. Unfortunately for Engels, he could read Marx's handwriting and so would continually send money to him when he'd get these pleas.
17:52He did work for a time for New York Daily News, which was... Charles Henry Dana was the editor at the time and Horace Greeley was the owner. But during most of the period, Engels actually ghost wrote the articles which Marx was submitting under his name Marx would get one pound per article, and that was one of the major sources of income during this hard period. Because it was true that during this period, if you absolutely refused to get a job and all of your colleagues in Europe, that you got into the revolution, been thrown in jail or run out of the country, your income level tends to drop over this period. And so he did have this tight period for about 15 years.
18:39But understand, this was after the communist, for the Communist Manifesto was written. This was after the German ideology was written. In other words, his whole world and life view was put together during a period in which he was making the equivalent of $100,000 a year. That's what it boils down to. The crisis period of his life came basically because during that period of European history, there were no nonprofit foundations supported by major American capitalists In 1864, he inherited a large chunk of money from one of his followers, Wilhelm Wulff, and the equivalent income for the average working man during the period was right at the time of the Civil War.
19:41And you had tremendous depression going on in England because you had an American embargo being placed on the export of the South's cotton. And so the mills had really shut down in Britain. It had disrupted manufacturing processes, the whole textile industry. And since Engels was getting all his money because he worked at his father's textile plant and was basically the owner of the textile plant in 1864, For Engels had had to stop sending Marx as much money. So Marx was suffering through this period. Well, Wolf's legacy came in, and it was the equivalent... Well, if the average British worker was making anywhere from 35 to 50 pounds per year, the legacy was something in the range of about a thousand pounds.
20:38when your average year's income was 50 or less. So he was doing very well. Within one year, he was begging, begging Engels to send him more money because the pawnbrokers had gotten him again and he was still paying 30 and 40% per annum to the pawnbrokers. He had gone through the entire thing. The entire legacy was gone. Did the same thing with whatever he inherited from his mother when the mother died. I mean, this process went on time and again in his life. Finally Engels was able during the last 15 or 20 years of his life to place him on about a 250 pound per year pension which was something in the range of four to five times your average family income at Britain at the time.
21:24He bought a very nice home, one of the best upper middle class bourgeois districts of London, which he lived in for the remainder of his life, writing or at least collecting as many books as he could on every conceivable topic, learning all kinds of new disciplines, learning all kinds of languages. A remarkable scholar. There's no question that he was extremely good in terms of what he was willing to do to study so long as it was not remunerative employment. He was willing to go to almost any length as long as he wouldn't actually have to go out and get a job and be on anybody's payroll. Now what happened was this, and this you also don't get, it's been alluded to, and I really didn't perceive it, the importance of it, until earlier this year when I was working on a Marx biography, this project.
22:13Das Kapital was published in 1867. Now if you get, if you go down to your friendly commie bookstore, and they're going to give you the selected writings of Marx and Engels, very common published in the U.S., or distributed in the U.S., but it's printed typeset in the Soviet Union, three volumes set, selected works, very standard set that all the scholars use. The most peculiar fact about this three-volume set is that the center point of it is about 1860, 62, 63. It does not include capital, but it includes the smaller works.
22:59And all of a sudden, Marx's name disappears. And you keep paging through the last volume and a half of this set, there are two essays, Critique of the Goethe Program, which was done in 1876, if I remember. I know David Gordon will obviously have a more accurate date, but I think it was about 1876. and one other one of the other major essay that he did longer work was on the Paris Commune and that was it and so then I finally said now wait a minute when does this break take place and it's at the publication of capital in 1867 and I thought how old was it and I rapidly computed backwards born in 1818 He was 49 years old.
23:57And at that point, everything stopped. He didn't do any more articles. He didn't do any more pamphlets. He didn't do any more newspaper articles because Engels had put him on the pension. He absolutely stopped. He had most of volumes two and three of capital finished. He had the Grundrisse finished. I mean, to the extent they were notes to himself. And at the age of 49, he drops out. He becomes the ultimate hippie. He doesn't again do anything except read voluminous quantities of books, which he never referred to again, in every conceivable field. They went in after his death. Engels went in two cubic feet of books on Soviet, not Soviet, but Russian economic statistics.
24:46He learned Danish, he began to take all these notes on chemistry, chemical reactions, agriculture. He learned Russian, absolutely buried himself for the next 15 years in studies so that he would never again have to publish. And Engels begged him throughout the entire period, you've got to publish, you've got to get this into a final form. We need the backup volumes of capital. I know you've got them. When are you going to get the works out? And Marx would say over and over, well, soon I'm working on it. I've just got a few loose ends to tie up and you'll have them. He died with them.
25:31And as has already been pointed out, the last three paragraphs are on the definition of classes. Now he finished that paragraph, as far as we know, prior to the publication of Volume 1 of Capital. He short-circuited. Now my opinion is, and there's no way to psychoanalyze the man, but I think what happened was he really did realize that there was no way around the criticisms which he knew somebody was going to give him on the labor theory of value and its relationship to prices. I don't want to go into the technical details because you're going to get a paper I read to you tomorrow on Boehm-Bawerk's criticism of Marx, but I think Marx was a sophisticated enough man to sit down.
26:21He knew, he knew the objections which were going to be made, which is why he wrote volume two and three of capital. He had the notes already in front of him, but it boils down to this. If you have a labor theory of value, then it's clear that you get rich by exploiting large numbers of people. And yet his own theory said through capitalist competition, there'll be all of this investment in equipment, plant and equipment and basic capital. Instead of variable capital, which was the wages that you would pay to the worker, you had all of this money tied up into fixed capital or capital equipment. But the problem is as you got more and more by the Marxian theory you would have of this incredible falling rate of profit and in fact the only rational thing to do was to sell all the equipment, move the entire plant to either India or China and hire nothing but cruelly labor because if your profit's only going to be the capital, you're not going to be able to make a profit, you're not going to be able to make a profit.
27:30clearly come from the exploitation of labor, clearly you're an idiot if you're putting all of your money into fixed capital equipment. He knew there was no answer for it. Boehm-Bawerk pilloried him in 1884. The only advantage that Marx had at that time was that he had died in 1883. But the fact of the matter was, he was a sophisticated enough scholar that I believe he realized what the problem was. And he wrote this letter, his classic letter, in 1858, back to Engels, in which he said, very shortly I'm going to be done with all of this economic scheisse, which I'm going to leave untranslated.
28:15But he did decide that he would not spend the rest of his life cranking out scheisse. and he didn't, he was sick of it and he dropped it. Now, this leads back, I think, to a problem in his own life, a problem which the biographers don't usually like to stress, and that is he never ever abandoned his commitment to bourgeois life, bourgeois culture, bourgeois standard of living. And, in fact, he was way above bourgeois at the, as I say, at the end of his life. Certainly, he was in the top four or five, maybe three percent of income. Certainly, during the periods when he would get the inheritances or a legacy, it would knock him up into the upper one or two percent of levels of British income.
29:09Lived in a great home, nice home. His wife would give very fancy balls and parties. They would invite in bourgeois acquaintances in the community. He lived a very, very nice life during the phase of his life when he was writing Das Kapital. So what it boils down to is this, in the phase of the period of the Communist Manifesto 1848, he was in the top 1 or 2 percent of income of the continent of France and in the period of writing Das Kapital at the end of it and finishing up, of course he didn't finish up but getting the manuscripts ready for the last two volumes of capital. He again was at least in the top four or five percent of British income. This makes it somewhat difficult to defend Marxist economic theory in the concept of class alignment and the commitment of the entire party to gain the support of the proletariat based on the incredible oppression of the proletariat because it's clear from the life
30:10of Marx and Engels that the best way to get yourself real proletarian commitment is to is to be born a bourgeois and go to college, which is almost exactly what we have found in the history of Marxism ever since, and the only exceptions that you find to the history of Marxist society were, according to Marxist theory, there cannot possibly be a revolution, because they have not industrialized. So in fact, the major targets in the West, the industrialized West, your major successful targets of the Marxist world view has been the bourgeois upper middle class and wealthy income level graduate student in major universities or poverty stricken peasants whose societies have not yet gone through industrialization.
31:02In other words, in terms of the Marxist theory, the two places which you would not look to get all of your support ideologically have been the only two places that they have been Unable historically to gain the support, and so they don't talk about it. They simply don't talk about it in terms of their own histories of their own movement. Now let's go to the kind of question that I think has to be raised. If you find that you're recruiting precisely from those elements of the population which should be least attuned and least receptive to your message, then on what basis are you gaining the recruits?
31:52The first choice is, are you gaining them because of the truth of the system, the ideological rigor of the system? And the second position, the second question which you would ask is, are you winning them because of their perceived self-interest in moving out of their existing class and into the communist cadre. In other words, what is it? Is it intellectual rigor, the vision of the overall system of Marxism, or is it simply good old-fashioned capitalist self-interest that is bringing these people into your movement? And the difficulty they find, time and time again, is that it is this accent in Marxism, which Mises stressed in socialism, this accent on historical inevitability, which has been the great tool of gaining support among these groups that normally you would not expect to move to your ideological system, given Marxist class analysis.
33:04And Mises said the most important single doctrine of all of Marxism is the doctrine of the inevitability of the success of the proletarian revolution. He said all the rest of it is secondary compared to the power of that one idea. Now Murray has traced briefly in his presentation something about the doctrine, Christian doctrines of eschatology. And I think those are very, very important doctrines. and this particular discussion that he raised has not usually been found in even the more specialized monographs of the background leading up to Marxist history. There is one book that at least does cover it fairly well.
33:49It is written by a mathematician who still lives in the Soviet Union. His name is Igor Shafarevich and it is called the Socialist Phenomenon.
34:29Right Up to the Modern World. Now, I'm going to throw this in as an aside. It may not be of any use to you, but you've got to understand something extremely important. I'm going to give you a date. Historians are always looking for watershed dates. We write dissertations about them. We make ourselves famous if we can just find a watershed date. The watershed date is 1660. In 1660, the Puritan experiment failed politically in Britain and they brought back King Charles II, the Cavalier, the representative of the Stuart monarchy, to take over as the English monarch. They welcomed him back and did their best not to remind them that 11 years before they had chopped off his father's head.
35:21So they were these great supporters of the monarchy and they brought them back in and with that was the collapse of the Puritan experiment. I mean the Cromwell forces, the Digger communist forces, the Leveller forces, all of them were swept away during the reaction period from 1660 to 1670. And there was tremendous reaction. And any pastor who did not swear in 1662 to the Anglican faith was thrown out of the pastorate, hundreds of these Puritan preachers were thrown out of the pastorate, they could no longer preach, they could no longer get into the churches, and it was a revolution, it was a very effective political revolution against the Puritan movement, and it never again surfaced.
36:07Now, what you've got to understand was during this period that these revolutionary movements, which had been tied to Christianity, Christian language, what Murray has called Christian heretical doctrines, overnight, and Chauffeur Average talks about it, overnight, all that language disappeared, just categorically disappeared. And from that point on, to the extent that you had popular revolutionary tracks, the language was secularized. Now, I don't think the system was secularized, but the language was secularized. And so, you did not have the discussions of the Holy Spirit.
36:53You did not have the age of the Father, the age of the Son, the age of the Holy Ghost. But what you get to encompass in the 19th century is the age of religion, the age of metaphysics, and the age of reason. The same tripartite division, but completely empty of the old theological language. and Shafarevich talks about that he said from that point on from 1660 approximately 1660 on you don't find Christian heretics or the language of Christian heresy in the tracks of the revolutionaries any longer But of course the concepts stay the same the goal the political motivation stays the same the great vision of the secular foundation of it theologically disappears Until 1965 and then all of a sudden overnight almost literally overnight there was a shift. Stimics such as Otto Scott have traced it to the failure of the communist revolution in Indonesia. There was an attempted coup you may have seen the movie the year of living dangerously it's a it's a movie about that period
38:09and the communist revolution failed there and there was an enormous reaction against it in which as many as a hundred thousand Chinese were killed because the Chinese have been extremely successful entrepreneurs in the country they owned a big chunk of the capital and the anti-communist terrorism that resulted was to a great extent racially oriented and Scott says at that point At that point, it became aware in the highest levels of communist planning in the Soviet Union that you could no longer attempt successfully to take over a nation that had deep religious roots. You would have to restructure your ideology and your pitch, basically, your pamphlets, so that the language of the existing religious, what would you call it, superstructure in Marxist language, but in fact it was admission that it wasn't just superstructure, it was infrastructure, it's a basic commitment of the population, you have to switch your language.
39:15Thus was born, and now promoted, liberation theology, which is sweeping Latin America, has taken over seminary after seminary. Malachy Martin's book, The Jesuits, showed that since 1965 it has utterly swept through and captured the Jesuit order. All of this based on the original concept, I believe, going back to Joaquin, that you've got to have a religious and theological motivation if you're going to successfully capture the minds of the people. I see Marx as a kind of brief period, the Marxist vision as a brief period in which atheism, while the motivating goal of the founder, in effect has been repudiated.
40:06And the rise of liberation theology, especially in Central America, I think is almost like a nail in the coffin. We do have the discussions now, well, is Gorbachev really going to decentralize and are they really going to turn the collective farms over to the people and so forth? But the old system died, I believe, as soon as the development of liberation theology and the development of the communist alliance with liberation theology began to make major moves in Latin America and especially Central America. of America. If you've abandoned the atheism of the Marxist system, if that is no longer a high priority on the agenda, then I think after that the system just simply disintegrates.
40:53Because I see that as the great motivation of Marx. To create a secular atheistic millennium with all of the benefits and all of the promises of the old millennium that Joaquin was trying and that the whole Taborite movement, 16th century radical movements, and obviously as already been mentioned the murderous side of the Anabaptists, all of that tradition was brought in lock, stock and barrel in terms of the vision of it into Marxism, but it just won't play in Peoria, or if it plays in Peoria it's only in the city college of Peoria that it's going to play, it is not going to play out where the people are.
41:40And so I believe Marxism is now using liberation theology, the language of Christianity, in a sense going back to 1658 and earlier as a kind of motivational shot in the, I mean they're shooting up on God is what it boils down to. The atheists are now committed, organizationally, that they cannot be successful if they don't once again go back to the religious roots, pull the language of theology, the language of millennialism, and transmit it almost as the old alchemist philosopher's stone to transmit and transmute the old language of 1640 which was theological into a new kind of transformation which again is theological, still is messianic, still is millennialist, still is communist to the core, but which can now be sold to the audience that you're trying to hit today which is overwhelmingly religious because they aren't selling the product in the urban Industrial West. It doesn't have a market. If you're going to sell this product where the people are, you've got to sell it on the basis of religious language and religious
42:58commitment. And I see this as really the end of Marxism. Now, this is not to say that the basic vision has been overwhelmed. It hasn't been. Because it was not volume two of Capital Capital, or even Volume 1 of Capital, which was the way that they made the pitch in 1867. It was this vision of the transformation of man, of the transformation of man by means of transforming the institutions of society, of remaking man in the image of this messianic character. That was the original motivation of the Marxist movement. Not all the footnotes in Capital and not all the talk about which chart is the accurate taught the chart, they were not, they didn't care about the organic composition of capital. I mean, there is nobody that you're going to find in Central America, you know, you don't come across the dead bodies of revolutionaries and employees of the Nicaraguan government closely clutching to their breasts a copy Copy of Das Kapital, that is not what you're going to find, but you may well find some
44:16tract by the people's church on the liberation of man under the new alliance between the Nicaraguan government and the state religion, which is now liberation theology, and openly so. So what I'm saying is this, the life of Marx is a giant refutation theology of who you It's not based on the rigors of the system intellectually, it's based on this vision of world transformation and the other very self-interested vision of whose side do you get on early in order to be able to drive the push of the New World Order.
45:03I want to leave, I think, with a quote from Mises, a section from Notes and Recollections. Here I think is the essence, and Mises saw it, of the impossibility of trying to assess the triumph of the Marxist system and the success of the revolution by taking seriously anything in the Marxist corpus. This is from page 5 of his notes and recollections. Herr Scobar, a petty police official who later became Chancellor of Austria toward the end of 1915, reported to his superiors that he doubted the possibility of a Russian Revolution.
45:55Who then could make this revolution? Certainly not this Mr. Trotsky who used to read newspapers in the Cafe Central. In the version I've also seen of that statement, which I've not been able to track down, the guy actually said certainly not this Mr. Bronstein sitting over there with the cup of coffee. Because Mr. Bronstein wore glasses, he read, he drank coffee. He was in the bourgeois setting of a free society. Surely not Mr. Bronstein over there was going to lead this revolution successfully.
46:41In effect, I think the West has taken too seriously the Marxist system. It is only by denying the Marxist system, the atheism, the religious underpinnings, The Supposed Rationality, the success of it at the key period of the industrial west. It is only by throwing out all of that, going almost to its exact opposite, that you're going to make sense of the appeal of the communist movement, that you're going to make any sense whatsoever of the history of scientific socialism. It is only when you finally abandon Marxism as a tool of intellectual and social analysis that you can make any sense of Marxism whatsoever.
47:34Thank you very much.
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Marx and Marxism
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Speakers: David Gordon, David Osterfeld, Gary North, Hans-Hermann Hoppe, Ralph Raico, Richard M. Ebeling, Williamson M. Evers.
Recording date and topics for this lecture come from the Mises Institute's page for The Marx Nobody Knows, checked 2026-07-23.
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- Yes. It plays as audio in the browser on this page, and downloads free with no signup.
- How long is The Marx Nobody Knows?
- The recording runs 47:40.
- Who gave the lecture The Marx Nobody Knows?
- Gary North delivered it, in the series Marx and Marxism.
- When was The Marx Nobody Knows recorded?
- It was recorded 28 May 2004.
- What series is The Marx Nobody Knows part of?
- It is lecture 4 of 7 in Marx and Marxism, which is free to stream or download in full.