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Economics is the analytical study of the costs and benefits of producing, distributing, and consuming goods and services. This tag should not be used for personal finance questions, nor for most questions about expensive items, e.g. exorbitantly priced houses, autos, jewelry. It can be used for current events, and in historical contexts.

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Did 20th-century Marxists acknowledge that the central social predictions of Marxism were wr...

I asked the same question on the Philosophy Stack Exchange, and Geoffrey Thomas gave a great answer there. He references Max Horkheimer in the beginning because of the video Max Horkheimer on Critical …
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Did 20th-century Marxists acknowledge that the central social predictions of Marxism were wr...

In this video, starting at 5:36, Stephen Hicks claims that there are three central "social science" Marxist predictions, which I would sum up as follows: Over time, in any capitalist society, The sha …