| 单词 | Marxian economics |
| 释义 | Marxian economics An alternative form of economics based on the theories of Karl Marx. This includes the labour theory of value, and a theory of exploitation by which surplus value is appropriated by capitalists; which has been extended to cover exploitation of less by more developed countries. The theory predicts the rise of monopolies, the immiserization of the proletariat, and an eventual breakdown in capitalist society due to under-consumption. |
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