Phil Magness Profile picture
Dec 29, 2022 37 tweets 12 min read Read on X
🧵Before 1917, Karl Marx was a niche figure, known mostly to fellow socialists and to economists who critiqued and rejected his system. It was not until Lenin & the Soviets that he attained mainstream salience. This is widely attested in the intellectual history of Marxism.
We start with Karl Kautsky, something of a designated successor to Engels & probably the most prominent Marxist theorist working between the 1890s-1917. He wrote in his memoirs that very few of his fellow socialists read Marx's Capital, and even fewer understood it. Image
Arthur Balfour, future PM of the United Kingdom and a famously well-read political thinker in his own right, observed in 1885 that Marx was practically unknown in England, compared to the well-known Henry George. Image
In 1909, the US-based International Socialist Review acknowledged to its readers that it was only in the last decade that Marx became accessible to even fellow socialists in the United States due to a lack of a publisher. Before that he was "practically unknown." Image
All of that started to change in 1917, when Lenin's Bolsheviks seized control of the Russian government.

Thomas Nixon Carver taught the main course on socialist theory at Harvard at the time. Here's what he said in 1922 about the Bolsheviks elevating Marxism into the mainstream. Image
Non-Marxian socialists had a similar reaction. Here is G.D.H. Cole, a Fabian Society member, writing in the New Statesman in 1924 about how Lenin resurrected Marx from the grave. Image
After the Russian Revolution, numerous scholars remarked that 1917 was a watershed moment for Marx's reputation. Here is Solomon Bloom in 1943 in the Journal of Political Economy. Image
By mid-century, the role of Lenin in elevating Marx from relative obscurity was well known. Louis Fischer pondered as much in his National Book Award-winning intellectual biography of Lenin in 1965. Image
Frederick Copleston, in his landmark multi-volume history of philosophy, makes a nearly identical point by noting that the Bolsheviks saved Marx's reputation from fading into 19th century obscurity. Image
Scholars from across the political spectrum have long observed that Marx was indeed a relatively obscure figure in his own lifetime, and for a good while thereafter. Here is the British historian C. Northcote Parkinson in 1967 noting as much: Image
Thomas Sowell noting the same thing in his 1985 study of Marxism. Marx was little-known in his lifetime and died in relative obscurity. Image
We need not rely on Marx's critics though to confirm these observations. Eric Hobsbawm, arguably the leading Marxist historian of the last century, said as much in his study of the Communist Manifesto's dissemination. It was not until Lenin that Marx gained widespread attention. Image
Kirk Willis (1977) similarly observes that Marx was either ignored or rejected by most readers in his classic study of the dissemination of Marxist thought in late 19th century Britain. Image
Perhaps Alan Ryan, distinguished political philosopher and professor emeritus at Princeton, summarizes it best in the intro to his own 2014 book on Marxist political thought. Image
And yes, we now have empirical validation of these observations, which date back over a century. Marx's citation patterns had a significant boost from the Bolshevik Revolution in 1917, after remaining relatively flat in the preceding decades.

journals.uchicago.edu/toc/jpe/0/ja
Image
Addendum:

Here is W.E.B. Du Bois (himself a Marxist) complaining in 1933 that Marx was little-known in the United States and largely dismissed by intellectuals as a crank until the Soviets put him on the map in 1917. Image
Addendum II: Here is H.G. Wells in 1933, making a similar observation. Image
Addendum III:

British historian E.H. Carr, who wrote one of the first major histories of the Soviet Union, admitting that he had never even heard of Karl Marx until the Bolsheviks carried out a revolution in his name. Image
Addendum IV: William Woodruff in his "Concise History of the Modern World," pointing out that Marx might have remained an unknown figure if not for Lenin. Image
Addendum V: Here is the Marxist theorist Louis Althusser in 1967, stating that without the formula successfully acted on by the Soviets in 1917, "Marxist theory would have remained a dead letter."

He's also a tad skeptical of the earlier SPD iteration. Image
Addendum VI: Alain Badiou, the French Marxist-Maoist philosopher, stating in no uncertain terms that Marx was an obscure figure in the 19th century, and that his reputation as a prominent thinker in that century is a retrospective reconstruction. Image
Addendum VII: Karl August Wittfogel, one of the original participants in the 1923 seminar that founded the Marxist Frankfurt School, writing in 1960 that Lenin salvaged Karl Marx's reputation from fading into obscurity. Image
Addendum VIII:

Ivor Jennings, British academic and jurist, remarking on Karl Marx's death in obscurity and limited influence in England. Image
Addendum IX: Sociologist Geoffrey Hawthorn, pointing out that Karl Marx was not read or taken seriously in most countries until long after his death. Image
Addendum X:

British socialist Henry Hyndman writing in 1911 about how Karl Marx was an obscure figure with almost no recognition in the British public around the time of his death. Image
Addendum XI:

1946 speech by Lord Lindsay of Birker, himself a prominent political thinker, comparing Marx's obscurity in his day to Hayek's prominence after Road to Serfdom came out. Image
Addendum XII:

July 1913 issue of the Common Cause magazine, recounting how Marx was "practically unknown" in his lifetime outside of a small number of German socialists. Image
Addendum XIII:

Austrian economist Ludwig von Mises in a 1952 lecture about Marxism, noting that Marx was "practically unknown" in his lifetime and ignored for some time thereafter. Image
Addendum XIV:

Ludwig von Mises again, in a 1944 essay about how Marx was little-known in Germany's SPD due to a separation between the party's Marxist intellectual elites and its rank and file members, who never even heard of Marx's ideas in any meaningful way. Image
Addendum XV:

1912 article by Harvard professor William Rappard in the Annals of the American Academy of Political Science, noting that Marxists had a negligible presence in America in the 19th century. Image
Addendum XVI - Marxist historian CLR James in 1960, correctly observing that until 1917 the notion of a Marxian socialist state emerging was considered nonsensical. Lenin changed that. Image
Addendum XVII: here is Marxist theorist Rosa Luxemburg in 1918, carrying on about how the Bolshevik revolution had saved Marxist socialism from social democracy. Image
Addendum XVIII: socialist historian Philip S. Foner documenting his surprise that almost nobody noticed Karl Marx's death outside of the socialist far-left. Image
Addendum XIX: Edmund Fawcett in "Liberalism: the Life of an Idea" Image
Addendum XX: Louis Menand in the New Yorker in 2016, noting Karl Marx's "relative obscurity" in his lifetime while also repeating Alan Ryan's observation that the Soviet Union put Marx on the map in 1917.

newyorker.com/magazine/2016/…
Image
Addendum XXI:

Here is British historian Paul Adelman in his 1972 history of the Labour Party, noting that Marx died in obscurity as an almost completely unknown figure in Britain. Image
Addendum XXII:

Roger E. Backhouse, "The Penguin History of Economics" (2002) Image

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More from @PhilWMagness

May 5
I genuinely believe that Bessent is one of the leveler heads in a White House that's stocked full of protectionist crackpots. That said, he still grossly misunderstands tariffs, as per his piece in today's WSJ.🧵
Case in point here. He starts by arguing that tariffs are a negotiating tool to "reduce trade barriers in other countries." Image
Yet how is the Trump admin's track record going? Quite simply, the negotiations have failed on every count. We now have retaliatory trade wars all over the globe. Trump expended his negotiating capital in Feb/Mar with on-again, off-again tariffs to the point nobody trusts him.
Read 12 tweets
May 1
Marxists: You can't use GDP to show prosperity because it's just a construct of the neoclassical paradigm to reinforce capitalist power disparities.

Also Marxists: Rising inequality proves that capitalism is failing, as per Piketty's stats...which use GDP as their denominator.
Marxists: Capitalism is responsible for climate change, colonialism, slavery, the bubonic plague, and every other disaster and death in human history.

Also Marxists: You can't fault Marxism for the atrocities of explicitly-Marxist states. Those weren't real Marxism.
Marxists: Economists are afraid of Marx and therefore refuse to read him.

Also Marxists: Every economist who reads Marx and methodically rebuts Marx's economic theories is really just part of a neoclassical conspiracy to uphold their own power relationships and capitalism.
Read 6 tweets
Mar 23
Tariffs are extremely unpopular with the American public (61% view them as harmful) and are uniformly opposed by economists. So why are we pursuing a trade war?

A. Trump stacked his economic team with fanatical band of Tariff Fundamentalist crackpots who support them anyway.
Unlike most tariffs in the receng past, there isn't even a strong lobbyist push behind these ones. Lobbyists usually try to carve out tariffs for specific goods or industries, not impose them on entire countries. That suggests the source of the current tariffs is ideological.
And what are the ideologies? Well, Trump is pro-tariff but with a shallow understanding of how tariffs work. As a result, you get about 5-6 different competing rationales for tariffs that also conflict with each other. Hence the see-saw effect we've seen since February.
Read 8 tweets
Mar 2
This is the fringe and error-riddled economic history that JD Vance brought into the White House.

americancompass.org/rediscovering-…
It's rooted in a bizarre rehabilitation of the economic philosophy of 19th century Sen. Henry Clay, a large slaveholder from Kentucky who believed that the role of the federal government was to centrally plan the national economy, all fueled by debt finance and a National Bank
When Clay laid out his agenda in a speech in 1824, James Madison and Thomas Jefferson were still alive. They were both aghast at what they read, and believed that Clay's agenda was a full-fledged assault on the US Constitution.

independent.org/news/article.a…
Read 5 tweets
Nov 18, 2024
This exact same pattern may be found for almost every trendy jargon term from academia.

It starts as an obscure proprietary concept on the Marxist far-left fringes of the professoriate. Then from about 2015 onward, it's everywhere. Image
Two simultaneous trends explain why:

1. Starting around 2000, the academy shifted hard-left. With this shift, low-rigor ideological dreck from the Critical Theory fringe became the dominant perspective.

2. Journalism followed academia in adopting & promoting the same concepts.
Related example: the sudden "discovery" of misinformation/disinformation around 2016.

Both terms existed before then, but the academic left and elite journalism settled on them as a tactic to describe and discredit any/all dissenting arguments.. Image
Read 16 tweets
Sep 3, 2024
Academic leftists: "The reason academia skews left is because we do better research & reality has a left wing bias!"

Also academic leftists: "Here's my CV. I mainly do postcolonial ethnographies of how neoliberal capitalism oppresses indigenous Marxist sex workers in Greenland."
Academic leftists: "Our department won't hire anyone on the right because their research isn't good enough, according to us."

Also academic leftists: "Here's my CV. I mainly write Marxist cat poetry using a critical theory lens. Sometimes my cat is credited as the coauthor."
Academic leftists: "Our department only has leftist students because applicants on the right aren't good enough."

Also academic leftists: "Here's our admissions app. You will be evaluated mainly on whether your DEI statement agrees with intersectional critical theory."
Read 7 tweets

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