Karl Marx

Nothing seems more confusing than having a conversation about Marxism. Just the topic itself causes people to stress out as if they are being forced to discuss religion. But when I hear people talk about Marxism their understanding of him and his ideas seems very vague. People often bring up socialism and communism as if those were the ideals of Marxism. Mostly, Karl Marx was critical of capitalism and wanted desperately to replace it with something that would benefit most people. Marx saw clearly that capitalism’s purpose was solely to increase profit and capital, but that capitalism had very little to contribute to the well-being of people, community and their environment. If capitalism were to work for people, it would need a complete reboot or be highly regulated, causing it to become something totally different. 

 

At 17, Marx travelled to the University of Bonn wanting to study philosophy and literature, but his father insisted on law instead. Even though he took his father’s advice Marx found ways to study both. He became interested in the German philosopher Friedrich Engels. Engels showed Marx his published “The Condition of the Working Class in England,” convincing Marx that the working class would be the agent and instrument of change. By late 1847, Marx and Engels began writing their most famous work, “The Communist Manifesto,” which laid out their beliefs on economics and political change.


 

The successful sales of “A Contribution to the Critique of Political Economy” stimulated him to finish his work on “Das Kapital” and the “Theories of Surplus Value.” In Das Kapital, Marx suggests that the driving force of capital is exploitation of labor, which is the ultimate source of surplus value. In conclusion, Marx noticed that essential features of capitalism include alienation, exploitation and cyclical depressions leading to mass unemployment. He stressed that over time, capitalism would enrich and empower the capitalist and impoverish the workers. He believed that those structural contradictions would force its destruction. Marx clearly states that, “what the bourgeoisie doesn’t seem to understand is that it is producing its own gravediggers. And that capitalism’s eventual fall and victory of the proletariat are inevitable. 


https://en.wikipedia.org/wiki/Karl_Marx



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Comments

  1. This was a great read! I previously did not know much about Marx. However, this breakdown made it very easy to understand- especially when compared to other complex readings. Thanks for the information!

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