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Karl Marx supported a command economy through his critique of capitalism and his vision for a classless society. He believed that the means of production should be collectively owned and managed by the state to eliminate class distinctions and ensure equitable distribution of resources. In his view, a centrally planned economy would enable the fulfillment of human needs rather than profit motives, thereby fostering cooperation and social welfare. Marx's ideas laid the groundwork for later communist movements that implemented command economies.
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Who is responsible for the command economy?
The state capitalist ruling class
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.
How did Karl Marx influence modern economic thought?
Karl Marx had developed advanced ideas about economics and the economy that had influenced other developers.
Who theorized the economic system of socialism?
Karl Marx
Who believed that history was guided by economic events?
Karl Marx
Who is the founder of a command economy?
Karl Marx
Who is founder of a command economy?
Karl Marx
Who is responsible for the command economy?
The state capitalist ruling class
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.
How did Karl Marx influence modern economic thought?
Karl Marx had developed advanced ideas about economics and the economy that had influenced other developers.
What is the definition of Karl Marx for culture?
Culture is the structure based on economy
Who believed that the people who control the economy have the most power in government?
Karl marx
Who believed that people who control the economy have the most power in government?
Karl Marx
Who believe that the people who control the economy have the most power in government?
Karl Marx
Who believed that the working class would seize governmental power.?
Karl Marx Karl marx
Who developed the communist theory of government?
Karl Marx
What is Karl Marx's view of culture which is based on economy?
Marx's theory on society, history, culture of man is referred to dialectical materialism.
