web3/concepts/marxism.md

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Marxism

A political ideology rooted in the ideas of Karl Marx which asserts the inherent intellectual contradictions at the heart of capitalism and market. Marx defines a heterodox reading of value based on philosophy and history and attempts to derive a new system in which price-formation can occur without the existing superstructure of capitalism.

See also commodity fetishism and sign value.

References

Beggs, Mike. n.d. The Dumb Money. Jacobin. Accessed 20 March 2022. https://jacobinmag.com/2018/04/bitcoin-cryptocurrency-monetary-system. Eich, Stefan. 2018. The Currency of Politics. The Political Theory of Money from Aristotle to Keynes. ———. n.d. Crypto Wont Solve Our Problems — We Need to Democratize Money. Jacobin. Accessed 20 March 2022. https://jacobinmag.com/2022/02/cryptocurrency-democratize-monetary-policy-economics-banks-financial-system-bitcoin. Hart, Raven. n.d. Cryptocurrency Is Bunk. Accessed 20 March 2022. https://www.jacobinmag.com/2021/10/cryptocurrency-bitcoin-politics-treasury-central-bank-loans-monetary-policy. Henwood, David. n.d. Whats Behind Bitcoin Mania? Jacobin. Accessed 20 March 2022. https://www.jacobinmag.com/2017/12/bitcoin-price-crypto-currency-explainer. Howson, Peter. n.d. No, Crypto Isnt Helping Ukraine. Jacobin. Accessed 20 March 2022. https://www.jacobinmag.com/2022/03/crypto-bitcoin-ukraine-russia-war-finance-funding. Silverman, Jacob. n.d. Crypto Is Making Everything Worse. Jacobin. Accessed 20 March 2022. https://jacobinmag.com/2022/03/cryptocurrency-bitcoin-speculative-asset-digitization-metaverse. Sohale Andrus Mortazvi. n.d. Cryptocurrency Is a Giant Ponzi Scheme. Jacobin. Accessed 20 March 2022. https://jacobinmag.com/2022/01/cryptocurrency-scam-blockchain-bitcoin-economy-decentralization.