Karl Marx on Capitalism - Running head KARL MARX ON...

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Running head: KARL MARX ON CAPITALISM 1 Karl Marx on Capitalism Name Institution Course Professor Date
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KARL MARX ON CAPITALISM 2 Introduction Apparently, Karl Marx was right about the whole capitalism notion and philosophy based on what he commonly referred to as the “bourgeois mode of production” ('Karl Marx Leads a Revolt against Capitalism', 2006). This paper supports the fact that capitalism contained seeds of its own destruction as the discussion in this paper acknowledges, showing illustrations according to Karl Marx’s argument. Karl Marx was able to foresee capitalism had built destruction by its own seeds. Marx was well assure that the ideologies surrounding capitalism- ideologies like neoliberalism- were created as a move to cater for the interests of only the elite in the society particularly the elites in the economy. This is because the class that was in possession of material production means within its disposal had the ability to exert control on not only production, but also on other mental production methods. Marx saw the ruling ideas as merely the ideal expression from those that enjoyed dominance over materials, and that these relationships made the class in possession- the elites, the ruling class in the society. However, Marx may not have lived long enough to see his words, his thoughts, his ideas, and what he may have envisioned come to pass and become a reality in the world (Lefebvre & Guterman, 2015). As he has been referred to in some circles by critics and scholars alike, Marx may have been an astronomer and not an astrologer as far as history is concerned. Karl Marx showed that he possessed knowledge on the ability of capitalism to adapt and innovate. In addition, Marx was aware of the fact that capitalist expansion could not be sustained in eternity. As people witness and encounter capitalism get to a point of denouement, with globalism seeming to disintegrate, Karl Marx is undoubtedly the most important and probably the most accurate critic as far as capitalism is concerned.
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KARL MARX ON CAPITALISM 3 Karl Marx Beyond reasonable doubt, Karl Marx can be termed to be the most influential philosopher and thinker to ever emerge in the nineteenth century. Having lived between May 5 1818 and March 14 1883, Marx was also an economist, a journalist, and a socialist- particularly a revolutionary socialist (Small, 2014). After becoming stateless, having been born in a place called Prussia (the modern day Rhineland-Palatinate) he spent most of his years living in London (Dworkin, 2015). His economics works and thoughts mostly involved the understanding of labor in the parameters of capital as well as the emerging economic thought. This led to publication of various pieces of work, with the most influential work ever published being the infamous communist manifesto in1848 (Lefebvre & Guterman, 2015).
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