1. Marxist Economics
Karl Marx was German political philosopher and revolutionist, and one of the most influential people in the history of the world. ... In his writings Marx, criticized political and social conditions. ... In Paris, Marx extended his studies in philosophy, history, and political science, and this is where Marx adopted his adopted communist beliefs (Rader, M. 132). ... Here is an example of how the labor theory of value works: A worker in a factory is given $30 worth of material, and after working 3 hours producing a good, and using $10 worth of fuel to run a machine, he creates a product which...
- Word Count: 2126
- Approx Pages: 9
- Grade Level: High School