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The revival of economic scienceThe revival of economic science.

All the development processes in the Universe are subject to certain objective laws. Knowledge of these laws - the main objective of all scientific research, particularly where it is doomed since the advent of homo sapiens. No science can not know the truth, get rid of the visible reality of fraud or intentional deception. The economic life of society, too, is subject to definite laws, which people guessed long ago, but due to paucity of scientific methodology and science as a whole could not articulate them.

At the dawn of the establishment of modern scientific knowledge, starting with the famous opening of the Isaac Newton (1643-1727gg), the same British productions W. Petty (1623-1687gg) and Smith (1723-1790gg) laid the scientific foundations of the theory of economics. But if Newton's laws of today are the foundation of modern physics, astronomy and other sciences, on the basis of which these sciences continue to evolve, the economics of its foundation laid by William Petty and Adam Smith as a labor theory of value, the efforts of subsequent generations of Western Economists had been destroyed and forgotten. Left without a foundation, economic science in the West has turned into a set of conflicting arguments, the various "economic trends", divorced from the overall development of scientific knowledge and does not meet the basic purpose of science - to anticipate the future and prevent disasters and mistakes.

The basis of valuation theory of Adam Smith is the concept of sanity, which was subsequently lost in economic science, and virtually absent in its modern views.

It may seem strange, but a large share of guilt in the destruction of the foundations of economy - the labor theory of value - belongs to Karl Marx. Marx, while agreeing that the value generated on the basis of labor, said that human labor itself has no value. However, the foundation of the whole ideology of Marxism is the surplus value, which according to Marx is formed by human labor, because of exploitation of the working class. But how can the work that has no value, to create added value?

Rejecting the cost of labor, Marx was forced to think through the exchange of goods is not clear how appears the cost of a "preferred product".

For example, in the first volume of "Capital" as a product, he chooses the canvas, offering to exchange 20 yards of linen for a coat or 10 pounds of tea. Proposed exchange of linen for a coat or a tip explains: "The cost of the product, such as canvas, now expressed in countless other elements of the commercial world. Every other commodity, the body becomes the canvas mirror the cost. (Karl Marx "Capital").

Thus began the formation of "economic science", in which sanity was substituted by some abstruse expression, after which normal-thinking people began to think that the economy can only understand some especially gifted people.

Modern economic theories of the West, from the concept of value of Smith refused to do, making the concept of "value" and "price" as synonyms. In these economic views argued that commodity exchange market is based on only the supply and demand, which form the market price. By this theory, if the market is "swamped" coat and canvas is very small, and those who sew coats, canvas is essential, then within 20 yards of linen can barter for 20 coats! However, the absurdity of such "theoretical conclusions" makes their supporters to resort to additional, not less abstruse "theoretical reasoning" type "opportunity cost" or "marginal utility".

However, the height of folly in the theoretical understanding of the economy are, of course, "scientific research" modern "reformers, economists, designed to justify their mockery of the Russian economy.

Here's what you can read in the so-called concept of the economic strategy of Russia for 2000 - 2010 years.: "The key issue that must be solved to achieve the objectives of economic restructuring - the reduction and then elimination of the Russian economy for nonmarket, uncompetitive sectors, consisting of enterprises producing negative value added.

In the "negative-positive sanity" our "theoreticians" outdid all.

Marxist political economy has created a "scientific" basis deadlock economic and political development, which Russia had to check in practice. Our reformers, instead of leading the country out of this impasse, have managed to find more dead-end branch.

And this happened despite the fact that in the early twentieth century were created all conditions for the development of the labor theory of value of Adam Smith and to create a truly scientific theory of economics.

The revival of economic science

By: William Harris




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