Question

What are marx's "three inevitable laws"?

Answer 1

Marx's stated that a capitalism is governed by three inevitable economic laws which are discussed as below:

-- Law of Capital Accumulation: There is reinvestment of money with a target to increase the initial value of money.

-- Law of Disproportionality: As production bu Capitalist is unplanned thus it is likely to face partial crises of under & overproduction in many production branches.

-- Law of the falling rate of profit: The profit rate are likley to fall over time as a result of technological change