The capital-intensive nature of the economy, high levels of market concentration and the high level of unemployment - are Marx's predictions coming true for South Africa?

In this essay I will attempt to illustrate how the capital-intensive nature of the economy, the high levels of market concentration and the high level of unemployment in South Africa are both related yet at the same time have many other independent variables accounting for them. I will compare this with the Marxian concept of economics, and will start by examining exactly what Marx's beliefs were and, therefore, how they lead to his predictions for …

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