Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 2 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Economics Posted 29 May 2018 My Price 4.00

Karl Marx

Karl Marx believed that the structure of capitalism at his time was doomed to fail. In last century, during the Great Depression, combining with Keynes's theories, it could be concluded that in an economy, if Aggregate Demand is less than Aggregate Supply, it is a more serious and common problem. After nearly 200 years, although capitalism has changed significantly, including innovation, changing of workers' welfare, rapid development of technology and globalisation... Can we still say, the core problem of capitalism: AD is not sufficiently enough, is still a problem? Does this mean that Hayek, on his ideas of 'no government intervention', is wrong?

Answers

Maurice Tutor
(5)
Status NEW Posted 29 May 2018 08:05 PM My Price 4.00

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