thanks Charles for reminding us what an anti-democratic ideologue HOOK
became -- In his later years he argued vociferously that COMMUNISTS do not
deserve the protection of the Bill of Rights ... and he did some very
impressive philosophical back-flipping to make his point --- which in the
end of "true" by definition --- his "definition" of communists ...

On Wed, Mar 11, 2026 at 1:31 PM Charles via groups.io <charles1848=
[email protected]> wrote:

> The shabby Marxist, turned anti-communist witch hunter, Sidney Hook hardly
> offered a *defense* of the labor theory of value. This is apparent as
> soon as he says that between the labor theory of value and the marginalist
> theory,  “no direct appeal to the facts of price movements can by itself
> settle the dispute between them.” The labor theory of value is not about
> price movements. It explains why a cycle of prosperity and depression has
> prevailed for 200 years of industrial capitalism. It explains why
> capitalism enters a final phase of economic and hence political decay. The
> facts of price movements have little to do with all this.
> _._,_._,_
>
>


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