Discuss malthus reaction to capitalism

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1) Discuss Malthus' reaction to capitalism. How might we understand this reaction? Does his population thesis retain any validity for today's world?

2) Outline Marx's attack on capitalism. How has capitalism changed in ways unanticipated by Marx?

3) What is the importance of such concepts as price elasticity of demand, cross elasticity of demand, and income elasticity of demand to the business person? To government?

Reference no: EM13892074

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