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concept

Crises of overproduction

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Marxist economic theory describing how prices increase and wages stagnate while products are manufactured that people cannot afford to buy, described by Marx 200 years ago but rediscovered independently by modern observers.

Mentions (1)
"Isn't it crazy how a lot of people, zoomers, millenials, etc. are starting to realize entirely on their own that "line go up" can't possibly go up forever? More so, prices will increase, and wages will remain stagnant, and more and more products will be manufactured but people will not be able to bu"
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