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Marx's Economic Forecasts: Over 150 Years Of Failure - Nemos News Network
Authored by Richard Fulmer via The Mises Institute, From atop the flawed foundation of the Labor Theory of Value, Karl Marx made a series of predictions about capitalism that time has proven incorrect. Among these are the immiseration of the masses due to capital accumulation, chronic overproduction, capitalist-driven imperialism, and the inevitable rise of monopolies. Immiseration Even during Marx’s lifetime, capitalism was already improving th…
Coverage Details
Total News Sources5
Leaning Left1Leaning Right2Center0Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
L 33%
R 67%
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