Search results for keyword: marx
coarse grain chute
The Inventor of the Coarse Particle Groove
Bertha marx was an Austrian inventor and engineer who helped revolutionize the transportation industry by inventing the coarse particle groove (CPG). The CPG was a type of track designed to reduce the wear and tear caused by railroads and other transport......
1061 
Mia
"Capital and Interest"
The book “Capital and Interest” written by economist Eugen von Böhm-Bawerk is an essential part of economic and financial history. The book was published in 1889, and it details the interaction between capital and interest as well as some of the rules of capital accumulation. Eugen von Böhm-Ba......
Theory X and Theory Y
X and Y Theory
X Theory is a pragmatic approach that emphasizes how humans can use their understanding and experience to develop beneficial habits and behaviors. X theorizes that people come to understand and act in their environments through the use of prior knowledge, practical decisions and se......
Likert's theory of support relations
Victor Vrooms Expectancy Theory
Victor Vroom, a professor at Yale School of Management, studied motivation and has developed a theory he calls a Expectancy Theory. It is based upon a workers perceptions, set of beliefs and values about the organization, their job, and their rewards or outcomes fo......
marx's Wage Determination Theory
The Wage Determination Theory of Karl marx
Karl marx’s wage-determination theory is one of the key components of his socio-economic philosophy which he argued defined the class structure of society. This theory effectively looks at the relationship between the employer and employee, and the ineq......
Clarkson principle
The Clarke-marx Principle
The Clarke-marx principle is a simple, yet profound economic principle which states that “every economic system seeks to optimize the allocation of scarce resources in order to maximize economic welfare.” This principle is named after the two esteemed economists, John ......
Theory of Social Organization and Economic Organization
Society and Economic Organization Theories
The field of sociology is constantly looking for ways to explain and predict behavior in society in a holistic way. This search has taken the form of many different theories and models which propose distinct ways of thinking about how and why human socie......
Ten Schools of Strategic Thinking
Strategic Thinking Schools
Strategic thinking has been a part of human civilization since the dawn of time. Strategies have been used to gain an advantage, win a war, or simply accomplish a goal. It wasnt until recent decades, though, that strategists and theorists have begun to explore the deepe......
owner theory
Generally speaking, there are multiple types of ownership depending on the situation. These types can include absoloute, shared, collective, and common. Absolute ownership is often discussed simply because one individual or group owns the entire right to the asset. Shared ownership is often discus......
Karl Heinrich marx
Karl Heinrich marx (1818-1883) was a German political and economic philosopher and one of the most influential figures in the history of socialist thought. marxs most famous works are The Communist Manifesto, written with Friedrich Engels in 1848, and Das Kapital, his monumental economic treatise,......
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