Abstract
Marx has two theories: surplus value and labor value. Marx defends positivist socialism. Hegel impressed Marx ideas during his PhD. This study is based on Marx opinions. Socialist Market Economy has two principles: central planning and market economy. State implements central planning for investments, and firms operate their marketing and production activities. In socialist economy, state decides firm’s marketing and production activities. That policy may decrease effectiveness in national economy.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
