Discussion Post: Economic Problems
o Why did Marx believe that capitalism would fall on its own? Why did his predictions not come true? (hint: how has the economy changed since Marx's time?
o Describe Robert Owen's "New Lanark" community? What were his innovations? Did he suspend either private property or market economics? Are there people today who follow a similar business model?
The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.