Karl Marx on Capitalism

Marx’s flight from reality was the wish to have all that capitalism, division of labor, and competitive exchange can produce, but without the cost of work, discipline, specialization, and selecting among alternatives.

Who is Karl Marx? The Man Behind the Communist Revolution

Marx’s critique of capitalism and capitalist society has shaped much of the social thinking in Western countries that led to the welfare state and extensive government intervention into economic affairs. And it served as the ideological banner that inspired the socialist and communist revolutions of the twentieth century – beginning in Russia in 1917, and still retaining political power today in such countries as Cuba, North Korea, Vietnam, and China.