Solved: Explain the marx capitalism, Microeconomics

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Explain the marx capitalism

Assignment:

Question) Marx had once stated that under capitalism the threat of the Monseigneur's (feudal lord or slave master) whip is replaced by ‘the threat of the sack (unemployment)'. Briefly explain (350 to 500 words) what Marx means by this statement ?

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Microeconomics: Explain the marx capitalism

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Microeconomics: Explain the marx capitalism

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