Karl Marx: Revolutionary thinking and the fight against capitalism
By 50minutes
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About this ebook
This book is a practical and accessible guide to understanding the life and works of Karl Marx.
In 50 minutes you will be able to:
• Recognize and understand the main ideas behind the works of Karl Marx on economic thought
• Identify the impact his contributions had on economics, perceptions of capitalism and political revolutions
• Understand the limits of his contributions and systems compared to the work of other economists
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Book preview
Karl Marx - 50minutes
Key information
Born: 5 May 1818 in Trier (Prussia).
Died: 14 March 1883 in London.
Context and background:
From a philosophical point of view, Marx was at one time interested the ideas of Georg Wilhelm Friedrich Hegel (German philosopher, 1770-1831), which dominated German thinking at the time, before completely turning away from them.
To conceptualise his political vision, Marx was particularly inspired by French socialism. For example, Charles Fourier (1772-1837) and Claude Henri de Rouvroy, comte de Saint-Simon (1760-1825) envisaged a human society led by scholars and artists, in which the way of life is naturally harmonious and centred around the community.
From an economic point of view, Marx extended and added nuance to the thinking of David Ricardo (British classical economist, 1772-1823). His most recognised contribution to economics is his theory on the relationship between the remuneration of labour and the value of production.
Notable works:
The Holy Family (Die heilige Familie), 1844-45 (with Friedrich Engels).
The German Ideology (Die deutsche Ideologie), 1846 (with Friedrich Engels).
The Poverty of Philosophy (Das Elend der Philosophie), 1847.
Manifesto of the Communist Party (Manifest der Kommunistischen Partei), 1848 (with Friedrich Engels).
Capital.A Contribution to the Critique of Political Economy (Das Kapital. Kritik der politischen Ökonomie), volume I, 1867.
Key words:
Alienation: Man escapes from himself. As the product of his labour