Capitalism In The Communist Manifesto, By Karl Marx

Introduction

The Communist Manifesto, which was first published in February 1848, remains an essential guidebook for any socialist serious about overthrowing capitalism. This is because Karl Marx, with the help of Frederick Engels, was able to show the essential features and laws of capitalism. Obviously capitalism has changed in form since the mid 19th century, the forms of capital and the working conditions of the working class have changed profoundly. But the essence of the system still remains the same. Both a scholar and a political activist, Marx addressed a wide range of political and social issues. The interpretations of his political economic theories have generated various debates over the period of time. Even after 160 years, Marx still continues to be a much discussed individual.

Capitalism today Karl Marx developed the critique of Capitalism, which is a major criticism often made of Marx concerns the fact that capitalism has changed since his day. But why should we be interested in capital today, when it was written 160 years ago? This is because, capital may give an accurate picture of Marx’s own world but it is argued that capital gives an imperfect guide to our own world. The

Capitalism has not changed its spots. It is still based on the exploitation of the working class. The conclusion that Marx drew from this analysis was that, the working class must over throw the system and replace it with a classless society, which is even more needed now than in his day. Many people who genuinely wish to do something to remedy the present state of the world believe that this stress on the working class is much too narrow. We cannot simply observe the world nut we should try to throw ourselves, as Marx did into the practical task of building a revolutionary party. If Marxism is correct, then we must act on