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Unformatted text preview: workers-New markets (20%) o Lenin o Hobson-Class Interest (70%) Places where Marx was (probably) wrong:-Labor theory of value-Dynamic instability o Dont have large companies destroying small companies-Immiseration o Thought that lower class would remain miserable, not be able to better their lives or save. However, we see: o Increasing wealth among people at the bottom, not leading a razors edge existence-Dictatorship of proletariats to communism, etc o What happened? Stalin....
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- Spring '09