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George Bernard Shaw, his life and works

Note 74 — Chapter VI

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The question of the validity of the Marxian theory is not now a live subject in England. Mr. Hyndman's defence of the Marxian position is to be found in his Economics of Socialism, in which he attempts to demonstrate the “final futility of final utility.” It is still a mooted question on the Continent; compare, for example, the works of Böhm-Bawerk, perhaps the most eminent of the “Austrian School” of political economists.

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