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Karl Marx — (1818-1883)
Economist, Founder of Communist philosophy
The philosopher, social scientist, historian and revolutionary, Karl Marx, is without a doubt the most influential socialist thinker to emerge in the 19th century. Although he was largely ignored by scholars in his own lifetime, his social, economic and political ideas gained rapid acceptance in the socialist movement after his death in 1883. Until quite recently almost half the population of the world lived under regimes that claim to be Marxist. This very success, however, has meant that the original ideas of Marx have often been modified and his meanings adapted to a great variety of political circumstances. In addition, the fact that Marx delayed publication of many of his writings meant that it has been only recently that scholars had the opportunity to appreciate Marx's intellectual stature.
Karl Heinrich Marx was born into a comfortable middle-class home in Trier on the river Moselle in Germany on May 5, 1818.
Arriving in Paris at the end of 1843, Marx rapidly made contact with organized groups of émigré German workers and with various sects of French socialists. During his first few months in Paris, Marx became a communist and set down his views in a series of writings known as the Economic and Philosophical Manuscripts (1844), which remained unpublished until the 1930s. He developed a manuscript (published posthumously as The German Ideology), of which the basic thesis was that "the nature of individuals depends on the material conditions determining their production." Marx traced the history of the various modes of production and predicted the collapse of the present one -- industrial capitalism -- and its replacement by communism.
At a conference of the League in London at the end of 1847 Marx and Engels were commissioned to write a succinct declaration of their position. Scarcely was The Communist Manifesto published than the 1848 wave of revolutions broke out in Europe.
In the early 1860s he broke off his work to compose three large volumes, Theories of Surplus Value, which discussed the theoreticians of political economy, particularly Adam Smith and David Ricardo. It was not until 1867 that Marx was able to publish the first results of his work in volume 1 of Capital, a work which analyzed the capitalist process of production. In Capital, Marx elaborated his version of the labor theory value and his conception of surplus value and exploitation which would ultimately lead to a falling rate of profit in the collapse of industrial capitalism. Volumes II and III were finished during the 1860s but Marx worked on the manuscripts for the rest of his life and they were published posthumously by Engels.
Source: Lectures on Modern European Intellectual History
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