8 Comments

SOrry, you lost me. Not sure what to make of this . . .

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The lumpenproletariat, which is "defined" by Marx purely by rhetoric, rather than by analysis of its economic status, is a proletariat that does not perform as Marxian theory predicts that it should, which is why he heaps endless abuse on it without explaining it at all.

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The lumpenproletariat doesn't perform as Marx predicts because they don't care about revolution. They are a criminal class that doesn't care about politics. Recall the real life Henry Hill in "Goodfellows." He never voted, he never paid taxes. It was always all about the money. In fact the criminal class has more in common with investment bankers than with revolutionaries. They just want more money and don't care how they get it.

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This is the scariest piece you've ever posted. Especially the Niall Ferguson segment.

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I believe this group in development literature is called the "informal sector" that need only a business license and a loan from Grameen bank to be saved. :)

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I rarely look at article comments, but has there been a discussion about the writing that uses of 'Þ'? I find it really hard to read and pretty much skip the posts that use it.

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Thorn or þorn (Þ, þ) is a letter in the Old English, Old Norse, Old Swedish and modern Icelandic alphabets, but discarded by the Norman in favor of "th."

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The Dickens line you quote above starting with "Master" and ending with "pockets" just may be the funniest subtle vulgarity in all of English literature.

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