055. Economic theories: Marxian Economics
Update: 2025-10-03
Description
Marxian economics, rooted in Karl Marx’s 19th-century critique of capitalism, analyzes economies through class struggle and historical materialism. Developed in Das Kapital (1867) and The Communist Manifesto (1848, with Engels), it views economic systems as evolving through contradictions, with capitalism’s internal flaws leading to its collapse.
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