Marxian crisis theory: Class Conflict, Wages and Crises

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Published on ● Video Link: https://www.youtube.com/watch?v=V8jtXefSzQY



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Taken from BBC series MASTERS OF MONEY: Marx. A nice little illustration of the catch-22 situation that capitalists encounter, according to Marx, regardless of whether wages are high or low.







Tags:
karl marx
capitalism
income inequality
wages
profits