[OPE] Michael R. Krätke on Marx and public finance

From: Jurriaan Bendien (adsl675281@tiscali.nl)
Date: Fri Mar 28 2008 - 21:47:48 EDT

Michael R. Krätke has a useful article here on Marx and public finance:


Krätke concludes:

"Marx actually asserted that in all bourgeois states the struggle about taxation would be the main battle (cf. Marx, MEW 7, 285). He was right. He also thought, that taxes and state expenditure could modify the class relations in capitalist societies marginally, in minor and relatively unimportant respects (cf. ibid.). He was wrong."

However, one should bear in mind that, at the time, state revenues and expenditures comprised only about 5-10% of the national income.


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