Ever since the critique of Marx on capitalism, a lot of reforms have taken place in the practice of capitalism. These measures include i) fixing working hours, 2) avoiding discriminatory practices, 3) […]
Critical Questions on Marxian Economics
Both the absence of broad based wealth taxes and the legal decree of allowing compound interest on money capital are the prime sources of wealth concentration. If both are corrected, capitalists would not be able to systematically exploit in competitive markets.