"‘People love today to speak disdainfully about the liberalistic economy,’ [Kautsky] wrote in his last work; ‘however, the theories founded by Quesnay, Adam Smith and Ricardo are not at all obsolete. In their essentials Marxhad accepted their theories and developed them further, and he has never denied that the liberal freedom of commodity production constituted the best basis for its development.’"
Paul Mattick

January 1, 1970