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Essay on the Marxist critiques of liberal capitalism

The standard litany of Marxist critiques of liberal capitalism rely on a common theme which presupposes that capitalism is fundamentally flawed and evil because it relies on a structure of exploitation, i.e., the bourgeoisie, those who own the means of production, ruthlessly exploit the proletariat, the individuals who sell their labor and do not own the means of production. Marx believed, essentially, that capitalist empires are built on the backs of the proletariat, who reap inadequate rewards for their work.

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