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I attempted to improve the question to read as this: Was Karl Marx a free market philosopher? Some how I could not do it. The answer however is that Marx was not a free market philosopher. He was an economist, political analyst and philosopher that believed the capitalist economic system oppressed the working class. He believed that any remnants of free markets would fall into the hands of capitalists who would destroy itself by frequent depressions. I say this to make it clear that "free markets" could evolve into a socialist economy. Marx believed that only a violent revolution could change the economy.
What else can I help you with?
john maynard keynes and karl marx would agree most about the answer to which question?
do free market economies create problems for workers?
What was Karl Marx's connection to the Russian Revolution?
Karl marx was the founder of the idea of socialism. the Russian revolution was to free from the idea being applied.
Was Karl Marx a supporter of the laissez faire economics?
No, Karl Marx was not a supporter of laissez-faire economics. He criticized capitalism and the free market system for creating social inequalities and exploiting workers. Instead, Marx advocated for a classless society and the abolition of private property, envisioning a system where the means of production are collectively owned. His ideas were fundamentally opposed to the principles of laissez-faire, which emphasizes minimal government intervention in the economy.
Who was the father of a command economy Adam smith or Karl marx?
Karl Marx is considered the father of a command economy, as he advocated for a system where the state controls production and distribution of resources to achieve equality and eliminate class distinctions. Adam Smith, on the other hand, is known for his ideas on capitalism and the free market, emphasizing individual self-interest and competition as drivers of economic prosperity.
Karl Marx would have agreed with Adam Smith?
Karl Marx and Adam Smith had different views on capitalism. Marx criticized Smith's ideas for promoting inequality, exploitation, and class struggle. Marx believed in the abolition of private ownership of property and the means of production, while Smith advocated for free markets and individual self-interest.
Why Francis Fukuyama's thesis different from Karl Marx's concept of end of history?
Francis Fukuyama's thesis of the end of history suggests that liberal democracy and free-market capitalism have become the final form of human government and economy, marking the end of ideological evolution. In contrast, Karl Marx's concept of the end of history revolves around the idea that capitalism will eventually be replaced by communism, leading to a classless society and the end of historical development. Fukuyama's thesis is more about the triumph of liberal democracy, while Marx's concept emphasizes the transition from capitalism to communism.
What does Karl mean?
"Karl" can be a common first name, or it can refer to Karl Marx, a famous philosopher and economist known for his work on socialism and communism. Additional context would be needed to determine the specific meaning of "Karl" in a given context.
What are differences between Adam smith and Karl marx?
One way that Adam Smith and Karl Marx were similar was that they both were able to predict the future and do it very accurately. They were able to make their predictions by studying the economy.
What are the similarities and differences between the economic theories of Adam Smith David Ricardo and Karl Marx.?
Adam Smith believed in the concept of the invisible hand and free market forces guiding the economy. David Ricardo focused on the theory of comparative advantage and specialization. Karl Marx critiqued capitalism and believed in the labor theory of value, predicting class struggle and advocating for a communist society. While all three focused on economic principles, their theories had different foundations and proposed varying solutions to economic issues.
What did Marx wrote about his disagreement with the free enterprise system in?
Karl Marx criticized the free enterprise system, also known as capitalism, for creating unequal distribution of wealth, exploitation of workers, and fostering social inequality. He argued that capitalism inherently led to economic and social disparities that ultimately benefited the bourgeoisie at the expense of the proletariat.
Is there the right of free speech in socialism?
Yes. Karl Marx believed strongly in freedom of speech, and socialists have been at the forefront of struggles to defend this basic democratic right in most of the world's nations.
Who helped the 19th century more Karl Marx Adam Smith or Robert Owen?
Adam Smith has been more influential in providing a framework for the modern capitalist economies that thrive throughout developed nations around the world. Marx's theories have yet to substantively prove themselves on a large scale. Only time will tell. The same can be said of the 19th centuries as well as proven by the success of the trading companies of the English and Dutch.
