Via InstaPundit, I learn that Karl Marx died on this day in 1883. I concur with Glenn Reynolds’ suggestion that March 14 should therefore be a holiday:
Marx performed the difficult feat of being wrong about everything. Most people are right about some things and wrong about others; the law of averages sets in. But if you are an ideologue, like Marx, and if your ideology is stupid, you can be wrong across the board. Marx’s historical analyses were either recycled conventional wisdom or wildly off the mark. He knew nothing about economics, which is why his labor theory of value–the lynchpin of his entire philosophy–is absurd. (Even Marx recognized that; he never finished the key section of Capital, leaving that inglorious task to Engels.) And he pontificated endlessly about workers and the means of production, without even once, as far as is known, setting foot in a factory.
Marx survives in historical memory for two reasons. First, hardly anyone has actually read Capital or his lesser works. Even a person of moderate intelligence could hardly do so without recognizing their foolishness. Second, Marx’s philosophy has served as a pretext for sadists to seize control of governments around the globe. Which is exactly what Marx intended.
Marx was a bad man, equally so in his private and public lives. He should be remembered only as an exemplar of how much damage a single-minded and hate-filled man can do.
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