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What are the disadvantages and advantages of Marxism?

Updated: 3/25/2024

Wiki User

∙ 11y ago

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Advantages of Marxism include its focus on social equality, workers' rights, and collective ownership of resources. Disadvantages can include potential for authoritarianism, lack of innovation incentives, and historical examples of economic inefficiency in some Marxist societies.

∙ 3w ago

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∙ 11y ago

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