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Marx’s Economic Forecasts: Over 150 Years of Failure

20th May 2025

From atop the flawed foudndation 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.

This entry was posted on Tuesday, May 20th, 2025 at 07:54 and is filed under Think about it.. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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Marx’s Economic Forecasts: Over 150 Years of Failure