The political economy theory of Karl Marx

LONDON, United Kingdom — While travelling around London, I saw some posters promoting a Karl Marx walking tour as part of “A Journey Through London’s Revolutionary History.” Karl Marx (May 5, 1818 – March 14, 1883) was a German philosopher, social and political theorist, economist, journalist, and revolutionary socialist. He developed the theory of historical materialism, analyzing class struggle under capitalism and predicting the system’s overthrow by the proletariat in favor of communism. Marx co-authored “The Communist Manifesto” (1848) with his lifelong friend Friedrich Engels, and undertook a critique of classical political economy in his magnum opus, “Das Kapital” (1867–1894). […]... Keep on reading: The political economy theory of Karl Marx

Original source: Philippine Daily Inquirer