Marx’s Theory Predictions
Karl Marx theory on economics predicts that accumulation of profits leads to their reinvestment leading to an increase in the total capital. In this case, capital is the asset value that seeks to multiply itself in order to produce surplus value (Moseley 1995: 92). This in the long run will translate to an increase in any business venture. Those that have will increasingly accumulate wealth and capital whereas those who don’t have will not have therefore sustaining the status quo.
In his perspective, the free market will diminish and in its place, there will be an increased concentration