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Introduction
Over the years, as capitalism dominates the economic development of the modern world, Karl Marx and his analysis into the faults of capitalism have been largely discarded by economists. However, his prediction in the fall of wages and the increasing misery, although unparallel to the actual events taking place, is not without its merits. Contrary to the belief that capitalism is the final solution and the infinite last stage of economic and social evolution, through the experience of working men or women, we are reminded often that the system isn’t all that perfect. The article published in 1960 by Thomas Sowell, titled Marx’s “Increasing Misery” Doctrine, although far from being considered a recent piece, reminds us through a series of reinstatements of Marx’s work, that his analysis into the effects of capitalistic progression in relations to the well being of the working people cannot go unheard because of the negative implications of relative misery.......

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Approximate Word Count: 1682
Approximate Pages: 7 (250 words per double-spaced page)

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