Structuralist - Top 1% are gaining a very large amount of...

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Top 1% are gaining a very large amount of income in the US I. What is Marxism? a. Marxism was a philosophy or an approach to social science as economics as the goal and driving for of social activity. The social classes that result…?. ..Arguement of the system where some own factories and others just hands than the value added will always go to the higher social power. b. In Marxist they view capitalism as a collapse of society such as how feudalism fell c. Idea that capitalism was going to fall to socialism due to revolution, but revolution actually did not occur where Marx thought it would occur such as Britain. d. Countries that tried socialism failed, such as the Soviet Union because they failed economically and politically e. Traditional Marxism is almost dead, but his economic ideas did not go away but were adopted into mainstream thought. For example the need to soften the harshest parts of capitalism and to put some control on it e.i. Effects of fixed rates, globalization and migration f. It is not deterministic II. Another look at the prisoner’s dilemma a. Marxist have their own critique of this such as the assume this is a symmetric game because if they both do they same they get the same amount… b. Battle of sexes the benefits are not symmetrical…either they both are together or nothing happens, but the one simple addition is that if one player goes first then
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Structuralist - Top 1% are gaining a very large amount of...

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