Question

describe karl marx theory​

Answer 1

ANSWER

• Like the other classical economists, Karl Marx believed in the labor theory of value to explain relative differences in market prices.
• This theory stated that the value of a produced economic good can be measured objectively by the average number of labor-hours required to produce it.

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Answer 2

Answer:

Marxism is a theory and method of working class self emancipated . As a theory , it relies on a method of soiceconomics analysis that views class relation and social conflicts using a materialism interpretation of historical development and takes a dialectical view of social transformation ......