At the time when the world’s richest 1% own 44% of the wealth and the lowest 56.6% people own less than 2% of the global wealth (source), many of the scholars, economists, politicians and policymakers are looking for ways to remedy the situation. In this backdrop, the Scandinavian countries of
Tag: socialism
CAPITALISM VS SOCIALISM: RELEVANCE OF MARXISM THEORY IN TODAY’S WORLD
Marx was convinced that he had discovered the “laws of history” that determined the inevitable demise of capitalism and the triumph of socialism. This is a complete peculiarity, as the substantiation of successful ideas is shown through their implementation and not through their theoretical analysis. Every idea seems to be