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1. Marx's Theory of Capitalism: How Does It Shape Our World Today? 2. Karl Marx: His Life and Legacy 3. What We Can Learn From Karl Marx's Critique of Capitalism 4. The Relevance of Karl Marx's Ideas in the 21st Century 5. Karl Marx and the Origins of Socialism 6. Was Karl Marx Right About Capitalism? 7. The Impact of Karl Marx's Economic Theories 8. The Role of Karl Marx in the Development of Modern Economics 9. Examining the Continuing Influence of Karl Marx's Ideas 10. How Karl Marx's Ideas Still Resonate Today
Karl Marx, Das Kapital (1867) Thorstein Veblen, The Theory of the Leisure Class (1899) Joseph Schumpeter, The Theory of Economic Development (1911) Nikolai Kondratiev, The Major Economic Cycles (1925) Gunnar Myrdal, The Political Element in the Development of Economic Theory (1930) John Maynard Keynes, The General Theory (1936) Karl Polanyi, The Great Transformation (1944) Paul…
Destitution was a great concern in England when Charles Dickens penned A Christmas Carol (1843). Twin shocks — the industrial revolution and rapid urbanization — caused the standard of living of the lower classes temporarily and visibly to decline in the 2nd quarter of the 19th century. Reformers, Utopian Socialists, communist revolutionaries (Karl Marx and […]
Benjamin Enke in IMF's F&D (March 2025 edition): For much of the 20th century, the disciplines of moral psychology and economics were seen as distinct—each focused on separate concerns, with little cross-pollination. This wasn’t always the case. If we look back to philosophers such as Adam Smith and Karl Marx, discussions of political economy were…