Marxist Economics Are Unsustainable

marxist economics

The Five Failures

Marxist economics are unsustainable. Socialists and their comrades like to suggest that free markets are “unsustainable”. But in reality, it’s socialism that fits this bill. In fact, part of understanding why free markets are so important, is understanding what happens when you try to suppress the forces that make them possible. Marxist economic theory is a perfect example of the consequences of failing to respect free markets. It is not only a repressive ideology, but also an irrational one, that causes economic collapse.