Marx's Analysis of Capitalism. Excerpt and condensation of Chapter 6 from The Worldly Philosophers: The Lives, Times, and Ideas of the Great Economic Thinkers by Robert L. Heilbroner, 7th ed., 1999.

But, as Marx continues, “this does not prevent the same economic basis - the same from the standpoint of its main conditions - due to innumerable different empirical circumstances, natural environment ...

How should we write the history of Marxism? Over the past century, when political opinion has been sharply divided on the meaning and legacy of the socialist tradition, historians have felt ...

Marx’s diagnosis of capitalism is clear—but is his analysis outdated? In a recent essay in The Nation, Wendy Brown, a political theorist at the Institute for Advanced Study in Princeton, N.J., ...

Marxism refers to the school of thought inspired by Karl Marx’s analysis of capitalism. Communism is a political system of government or a party that abolishes private property. Communism and ...