Marx Died a Loser. Lenin Made Him a Legend. - Phil Magness

I sat down with economic historian Phil Magness to give Karl Marx the fairest hearing we could, and then find out how his ideas took over half the world and most of modern academia. We get into: The historical context of Karl Marx’s writings Why surplus value theory made intuitive sense and why it's wrong How the iPhone launch disproves Marx's labor theory of value The unlikely story of how Lenin and the Bolsheviks took over Russia Stalin, Trotsky, and the "real communism was never tried" folks How Soviet propaganda helped resurrect Marx in the West Why Marx is read in every academic field… except economics How to minimize cost and Marxist indoctrination in college Subscribe and ring the notification bell so you don’t miss a single video! Follow Phil Magness on X (formerly Twitter): https://x.com/PhilWMagness?s=20 Learn more about Phil’s work: https://philmagness.com/ _____________________________________ Dad Saves America is a project of Emergent Order Foundation, a pro-liberty non-profit organization. Any dollar amount of value you derive from this podcast, please consider donating today to support our work. Make a tax-deductible donation to Dad Saves America: https://secure.anedot.com/emergent-or... _____________________________________ Purchase a T-shirt, hoodie, and more over on our merch store: https://shop.dadsavesamerica.com/ Another great way to support our work is by visiting our curated Amazon shop featuring our guests’ books and dad stuff I actually use. This channel earns a commission on qualifying purchases. Please visit & bookmark: https://www.amazon.com/shop/dadsavesa... Visit Dad Saves America on Substack: https://www.dadsavesamerica.com/ _____________________________________ Outline: [0:00] The “best” of Karl Marx [11:24] What was Marx’s actual vision? [15:27] Socialism Before Marx [24:53] Is “capitalism” a slur? [28:57] What’s the moral argument for land ownership? [35:26] Labor theory vs subjective value [46:10] Why Marx was left behind [52:56] Marx’s math doesn’t work [1:01:13] Why did the Bolsheviks pick up Marx? [1:09:52] How Lenin conquerors Russia [1:20:32] Was Lenin “not as bad” as Stalin? [1:23:33] What did Lenin actually think? [1:27:44] “Real communism has never been tried” [1:30:27] Why academia loves Marx [1:49:19] Does socialism have anything to offer? [1:56:31] Is Marxism a religion? [2:09:41] Modern Marxism is just woke mad libs [2:13:44] “Cracks in the Ivory Tower” Proud papa, filmmaker, entrepreneur, and arm-chair philosopher John Papola explores the biggest issues facing our country through the lens of fatherhood, releasing exclusive interviews and deep dives every week. We need to make sure the next generation of Americans is raised to thrive in a free society and be champions of civilization. Dad Saves America has hosted all sorts of experts in the studio, including Jonathan Haidt, Dr. Drew, Michael Shellenberger, Bret Weinstein, Vivek Ramaswamy, and Adam Carolla. #marxism #karlmarx #lenin