On May 5th, 1818, Karl Marx, hero of the international proletatiat, was born. His revolution of Socialist theory reverberates throughout the world carries on to this day, in increasing magnitude. Every passing day, he is vindicated. His analysis of Capitalism, development of the theory of Scientific Socialism, and advancements on dialectics to become Dialectical Materialism, have all played a key role in the past century, and have remained ever-more relevant throughout.
He didn’t always rock his famous beard, when he was younger he was clean shaven!
Some significant works:
Economic & Philosophic Manuscripts of 1844
The Eighteenth Brumaire of Louis Bonaparte
Critique of the Gotha Programme
Manifesto of the Communist Party (along with Engels)
And, of course, Capital Vol I-III
Interested in Marxism-Leninism, but don’t know where to start? Check out my “Read Theory, Darn it!” introductory reading list!
I was asking to clarify, because it sounded like your definition of capitalism was something like ‘uses industrial machinery to allow for unskilled work.’ By that definition, I agree that by definition capitalism didn’t exist till after the industrial revolution, since industrial machinery didn’t exist yet. But I disagree that capitalism requires industrial machinery.
Feudalism also employed some industrial machinery (water wheels for milling grain is one example). But the primary energy source was still muscle power, the primary product was agricultural produce, and the workers were peasants tied to the land, not mobile wage workers producing consumer goods.
Marxists consider these important distinctions that define entire historical periods, even if they’re still both examples of class society.
Great points, kicking myself that I forgot to mention the key aspects of production being largely agricultural, and workers largely immobile, especially. The ability to set up factories in cities with close cooperation is what took the sparks to a blaze.
Absolutely, and thanks for your work in this thread. o7
No problem, you too comrade! o7
That’s not quite my definition. In order for Private Property to become the dominant aspect of society, technological advancements needed to be made to allow a small class of people to dominate society through ownership of the Means of Production. Marx explains it quite simply here:
But you’d say that capitalism requires the technological advancements of the industrial revolution by definition?
I’d say the formation of Capitalist production depends on the development of certain technologies to allow for the creation of large industry and division of society into classes of bourgeois and proletarian. Engels sums it up in Socialism: Utopian and Scientific:
I don’t think the Marxist definition of capitalism lines up with the colloquial definition. Colloquially, it’s thought of as systems in which money is exchanged for goods and services. As opposed to communism, where it is not. (These are both oversimplified)
When people say capitalism has been around for thousands of years, what they mean is the colloquial definition. Redefining their terms with the Marxist version doesn’t address their actual point.
The “colloquial definition” isn’t the colloquial definition, though. Even in liberal academia, it’s the same as the Marxist conception. Using currency for trade isn’t Capitalism, not even in Libertarian theory.