Today my YouTube account was hacked. Fortunately, Google has already solved the problem. My email was also attacked, the problem is not yet completely solved. I hereby apologize for the possible delay in my email communication. JŠ
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Italian economist Vilfredo Pareto died 100 years ago on August 19, 1923: "Any action can be justified demagogically, by means of eminent, obscure and deceptive verbal evidence. This is where the vast majority of political life falls." - "Give me as many fruitful fallacies full of germs of ideas as you can, and keep your futile truths." - "No individual or group can any longer achieve a better position without, in turn, making someone else's position worse." - "20% of the people own 80% of the national wealth and the other 80% of the people own the other 20% of the national wealth."
The value of anything to a person depends on their actual needs. The mistake of both Ricardo and Marx was that they attributed the origin of value to labor and so confused the end with the means - William II and his diplomats did not learn from history. They disregarded the interests of others, started a war, and even in the course of it missed the opportunity to reverse gear.
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