Karl Marx was a German philosopher, economist, political theorist, sociologist, journalist, and socialist. He was born in a middle-class family, studied political economy, and became one of the most influential individuals we have ever had.
Karl Marx will be remembered as a socialist, but he was one of the most revolutionary and in the same time controversial thinkers of all. His ideas left an indelible stamp on the lives of billions of people and the world we live in today.
Best known for his revolutionary work “The Communist Manifesto” and “Das Kapital”, his anti-capitalism work set the basis for Marxism.
Anytime a world economy and financial crisis comes, people start to wonder if he was right. Some of his biggest complaints were that “capitalism is inherently unfair and therefore doomed to collapse”. He argued we should get rid of capitalism altogether.
He was a big supporter of fairness and argued that the gap between rich and poor should be eliminated.
Stephanie Flanders, a journalist, travels to his former birthplace and analyses his ideas and how many of them are valid today.
Commodities are basic goods used in commerce that are interchangeable with other commodities of the same type. In economics, commodities are an economic good or service that ...