Joan Robinson vs. Karl Marx
Side-by-side comparison of two thinkers
Joan Robinson
1903 – 1983
Joan Violet Robinson was a British economist known for her wide-ranging contributions to economic theory. One of the most prominent economists of the century, Robinson incarnated the "Cambridge School" in most of its guises in the 20th century. She started out as a Marshallian, became one of the earliest and most ardent Keynesians after 1936, and ended up as a leader of the neo-Ricardian and post-Keynesian schools.
"But once we bring historical time into the argument, it is not so easy to present the free play of the market as an ideal mechanism for maximizingwelfare and se…"
Karl Marx
1867 – 1894
Karl Marx was a German philosopher, social and political theorist, economist, journalist, and revolutionary socialist. He is best-known for the 1848 pamphlet The Communist Manifesto, and his three-volume Das Kapital (1867–1894), a critique of classical political economy which employs his theory of historical materialism in an analysis of capitalism, in the culmination of his life's work. Marx's ideas and their subsequent development, collectively known as Marxism, have had enormous influence.
"In a higher phase of communist society, after the enslaving subordination of the individual to the division of labor, and therewith also the antithesis between …"
Connections
Both wrote about: