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jeka57 [31]
3 years ago
12

According to Marx’s theory of immiseration, what does capitalism eventually lead to?

History
1 answer:
Fantom [35]3 years ago
5 0
When businesses compete everything is great. Eventually one of the businesses in a field gets bigger. And bigger. And bigger. It buys out it's competitors. It monopolizes it's niche filed, sometimes even spreading to others.<span>Since money will no longer be used, people will have access to all of the resources they need, and there will no longer be a state to protect the capitalist's private property, I find it extremely unlikely that a worker would want to exchange his labor for a wage. The way I see it, it would be like playing pretend. The situation would be similar to if a group of people in the United States declared their friend Tim the king of Arkansas.</span>
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