The potential flaws or downsides in its economic vision.

Ideologies are formulated to organize not just political and social life, but also economic systems. Liberalism and Marxism each advanced ideas about how the economy should be organized in an ideal society, what types of economic freedoms people should have, and what the roles of different individuals or classes might be. Compare and contrast the liberal and Marxist positions, then choose one of the two and discuss the potential flaws or downsides in its economic vision. Formulate an argument and support it using examples, from readings and lecture, of authors’ arguments and real-world cases.