Question

one major result of Karl Marx's economic theories was

Answer 1

Marx's work laid the foundations for future communist leaders such as Vladimir Lenin and Josef Stalin. From Marx comes the idea that capitalist profits are possible because the value is "stolen" from the workers and transferred to employers.

Answer 2

Marx popularized the notion that capitalist profits are possible because value is “stolen” from workers and transferred to employers.

What was Karl Marx's economic impact?

Marx's most important disclosure and attempt in political economy is the differentiation between labor and labor power, because it permits the beginning of surplus value to be informed in terms of the same exchanges.

Marx's writings laid the groundwork for future communist leaders like Vladimir Lenin and Josef Stalin.

Therefore, the theories of Karl Marx are important to the economy.

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