MARXIST THEORIES

Marxist Theories

Marxist Theories

Introduction

The main concept of Marxist theory is on the layer of coupon-clippers unique to parasitic imperialism has been reduced rather than extended following the structural transformations mentioned above. The giant trusts backing their investments more by self-supporting than by issuing negotiable shares. There is a bureaucratization of monopolist resources, and the structure rests more and more on a pecking sorder of big administrators (executives), who are most often themselves big or average share-holders. The parasitic quality of moribund capitalism appears above all in the vast extent of infertile expenditures (in the first place armaments, but also the preservation ...