What is Marx's view of fiscal policy? and in the eyes of Marxism how would he fix the Macroeconomic policy? Best Answer - Chosen By Voters
He probably had no idea. He was busy working out his theory of exploitation of labor, breakdown of capitalism and march towards communism. Marxism has many pairs of eyes now. No economists worth the salt, except Castro and a bunch of Anti-American communists hoping to usher in communism in India within the next 10 decades, has been delivered by the Marxists after the fall of the Soviet Union and Mao's descendants in China. The Marxists economists are thrown of their feet by the IT revolution and globalization and unable to figure out what is macro-economics? Policy will take time to develop the Marxists color.
