The life and teaching of Karl Marx

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Beer, M. (2012). Karl Marx’s life and teachings. Routledge, London.

According to Beer, Karl Max expended the majority of his energy criticizing his colleagues’ economics. The author also claims that capitalism is unsustainable in the long run.

According to Infano L, Adam Smith is widely regarded as the father of modern economics and a significant proponent of laissez-faire economic policy. According to author Adam Smith, the invisible market is a free market that regulates itself through the forces of demand and supply. Ingham, G. (2013). Capitalism: With a New Postscript on the Financial Crisis and Its Aftermath. Oxford: Wiley.

According to this author, Karl Max economic doctrine is the most detailed, comprehensive, and profound conformation application of his theory. According to Ingham modern industrial society is characterized by a class conflict between the proletariat and the proletariat.

Marx, K., Tocqueville, A. D., & Engels, F. (1966). The Communist manifesto. Chicago: Great Books Foundation.

According to Infantino Karl Max was a revolutionary individual who criticized the cultural and political establishment of the day. He was a journalist and because of his radicle views he was expelled in various countries especially Belgium, France, and Germany.

Marx, K. A. (2017). Communist Manifesto. Place of publication not identified: CLYDESDALE PR LLC.

Marx attempts to explain the goals of the communism as well as the theory underlying this movement. According to Marx, exploitation of one class or class struggle are motivating force behind the numerous historical developments. Based on the Marx argument a class relationship can be explained to be the forces of production.

Smith, A. (2009). The wealth of nations. Lexington, KY: Seven Treasures Publications.

This publication analyses the ideas presented by Smith. According to the author Smiths’ ideas are on economies in the light of the beginning of industrial revolution. According to this author the free market economies are the most beneficial and productive to the society.

Smith, A., &Haakonssen, K. (2016). The theory of moral sentiments.

This publication provides the ethical methodological, psychological, and philosophical analysis of Adam Smith work. According to these authors Adam smith reject the overall idea that a man was in a position to form a moral judgement beyond a constrained sphere of activities, against centered against self-interest.

Smith, A., & Stewart, D. (2013). The theory of moral sentiments, or, An essay towards an analysis of the principles by which men naturally judge concerning the conduct and character, first of their neighbors, and afterwards of themselves, to which is added a dissertation on the origin of languages. London: Henry G. Bohn

Steward and Smith explain the communist manifesto. The publication has four sections. The first section discussed the relationship between communism and other parties. The second, part explains the relationship between proletarian and communism. The final section discuss the communist theory of history and the relationship between bourgeoisie and proletarians.

References

Beer, M. (2012). The life and teaching of Karl Marx. London: Routledge.

Infantino, L. (2014). Individualism in Modern Thought: From Adam Smith to Hayek. Hoboken: Taylor and Francis.

Ingham, G. (2013). Capitalism: With a New Postscript on the Financial Crisis and Its Aftermath. Oxford: Wiley.

Marx, K., Tocqueville, A. D., & Engels, F. (1966). The Communist manifesto. Chicago: Great Books Foundation.

Marx, K. A. (2017). Communist Manifesto. Place of publication not identified: CLYDESDALE PR LLC.

Smith, A. (2009). The wealth of nations. Lexington, KY: Seven Treasures Publications.

Smith, A., &Haakonssen, K. (2016). The theory of moral sentiments.

Smith, A., & Stewart, D. (2013). The theory of moral sentiments, or, An essay towards an analysis of the principles by which men naturally judge concerning the conduct and character, first of their neighbors, and afterwards of themselves, to which is added a dissertation on the origin of languages. London: Henry G. Bohn

June 12, 2023
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Karl Marx Capitalism Theory

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