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What is the economic theory of Karl Marx 2024?
Questioner：Noah Thompson 2023-06-10 04:42:26
The most authoritative answer in 2024
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Savannah White——Studied at University of California, Berkeley, Lives in Berkeley, CA
2. The Labor Theory of Value Cannot Explain Profits. Like all of the classical economists, Karl Marx believed in the labor theory of value to explain market prices. This theory stated that the value of a produced economic good can be measured objectively by the average number of labor hours required to produce it.read more >>+119962023-06-20 04:42:26
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