Baran's Neo-Marxist theory has been challenged for overlooking the likelihood that power often is what?

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Explanation

Baran's Neo-Marxist thesis has been criticized because it fails to consider that power frequently transfers from one elite group to another when revolutions take place, rather than being solely based on alliances or opposition groups.

Baran's Neo-Marxist theory has been challenged for o… — Theories of Economic Development | PakQuizHub