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Elusive Development

A blog about development challenges in the developing world

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Tag: Marxist economics

Marx, Marginalism, and the True Nature of Capitalism
  • Dmitry Pozhidaev
  • November 10, 2024

Marx, Marginalism, and the True Nature of Capitalism

Karl Marx’s economic theory, despite being one of the most comprehensive critiques of capitalism, has often been criticized for lacking the mathematical rigor associated with modern economic anal

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Dependency, Corruption and Prison
  • Dmitry Pozhidaev
  • May 2, 2024May 4, 2024

Dependency, Corruption and Prison

It is always a pleasant surprise when your research comes with unexpected results. Getting confirmation of your ideas is somewhat boring but unexpected results challenge you intellectually, prompti

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Economic lessons for 2024: Marxist perspective
  • Dmitry Pozhidaev
  • December 27, 2023February 20, 2024

Economic lessons for 2024: Marxist perspective

As the year draws to a close, what are the economic takeaways? Global rate of exploitation increases The first big news: Marx is right. Some of us always knew it, but this year Tomás Rotta and Ris

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