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Unit 1 BASICS - Kenston Local Schools
Unit 1 BASICS - Kenston Local Schools

... Services provided by workers. Karl Marx believed that workers did not receive the “Value of their Labor” under capitalism. • Capital or capital goods includes all manufactured aids used in production (tools, machinery, buildings.) Purchases of capital are known as “Investment”. Capital is not money ...
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Economics of fascism

The economics of fascism refers to the economic policies implemented by fascist governments.Historians and other scholars disagree on the question of whether a specifically fascist type of economic policies can be said to exist. Baker argues that there is an identifiable economic system in fascism that is distinct from those advocated by other ideologies, comprising essential characteristics that fascist nations shared. Payne, Paxton, Sternhell, et al. argue that while fascist economies share some similarities, there is no distinctive form of fascist economic organization. Feldman and Mason argue that fascism is distinguished by an absence of coherent economic ideology and an absence of serious economic thinking. They state that the decisions taken by fascist leaders can not be explained within a logical economic framework.
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