Karl Marx referred to the propensity of capitalists to maximize profits by reducing wages as the ,which he believed to be one of the inherent contradictions of capitalism that would produce its eventual downfall.

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Karl Marx referred to the "falling rate of profit" as the propensity of capitalists to maximize profits by reducing wages. He believed this to be one of the inherent contradictions of capitalism that would produce its eventual downfall.

Karl Marx Referred to the Propensity of Capitalists to Maximize