According to Marx, the central contradiction in capitalism exists between consumption and production. Workers produce more than they are able to consume, leading to factory closures, rising unemployment, and deepening poverty.

Question

Quizplus · Accepted Answer

This is a central tenet of Marxist theory, as outlined in his work "Das Kapital". Marx believed that capitalism created a situation where workers produced more than they could consume, resulting in an overproduction crisis that led to economic downturns and social conflict.

According to Marx, the Central Contradiction in Capitalism Exists Between