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Ep 248 - RP Live Presents: Inside a Failed State Q & A with Michael Hudson

Macro N Cheese

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The Labor Capital Problem: Marx's Contribution to the Analysis of Capitalism

Marx analyzed capitalism and its revolutionary impact on society. While previous revolutions addressed issues with landlords and banks, Marx focused on the unresolved labor capital problem. He highlighted the need for fair employment between labor and capital. However, Marxists often overlook the financial aspects of the economy.

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