Karl Marx

Karl Marx is a known German economist and philosopher. He is attributed with some of the theories related to economic affairs. He came up with the concept of fetishism of commodities. Commodity fetishism refers to the belief that it is inevitable and natural to determine a particular items value using money.

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The individuals would act as appendages for the machines. Their work would entail start-up and the day to day maintenance of the machines. It is a disadvantage considering that many of the people are dependent on the jobs that have been created. Measures should be put in place to ensure that the variability in income be leveled.

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