Marxism is the political practice and social theory based on the works of Karl Marx, a nineteenth-century philosopher, economist, journalist, and revolutionary, along with Friedrich Engels. Marx drew on Hegel's philosophy, the political economy of Adam Smith, Ricardian economics, and nineteenth-century French socialism to develop a critique of society which he claimed was both scientific and revolutionary. This critique achieved its most systematic (if unfinished) expression in his masterpiece, Capital: A Critique of Political Economy (Das Kapital).
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Last updated: 05-13-2005 07:56:04