provide a detailed answer that makes direct reference to the course readings. Fully explain the economic concepts being discussed in each question. Provide real-world examples when asked. Make sure you fully explain your examples. Make sure you fully answer all parts of each question.

Marxian economics is often best understood as a criticism of the capitalist system. How would the Marxian economists explain the causes and consequences of the financial crisis of 2007-2008? Would Marxists argue that the policy decisions made in response to the financial crisis were ones that addressed the causes of instability, or would they argue that the policy decisions exacerbated these causes? Explain.