The current global economic crisis represents yet another crack within neo-liberalism’s foundational claim, that markets are inherently more efficient than states at allocating resources and ...

One of the most common phrases to be heard from those on “the left” is the assertion that someone or some public policy is or is not on “the right side of history.” It has almost become a mantra by ...

Though it may seem strange, Karl Marx was not always a communist. As late as 1842, when Marx was in his mid-20s, he actually said he opposed any attempt to establish a communist system. In October ...

Marx develops his economic theory in Capital in a rather peculiar way. This paper focuses on some of these peculiarities, especially his attempt to base his account of prices and derivative entities ...

In Greece, the Potato Movement demonstrates that people hit hard by the recession are employing the Labour Theory of Value professed by theorists such as Karl Marx to reignite their economy. Since the ...

Add articles to your saved list and come back to them any time. In 1855, Karl Marx's nine-year old son, Edgar – a boy whom Karl called "a friend … more dear to me personally than any other" – ...

Karl Marx has returned, if not quite from the grave then from history’s dustbin. German Finance Minister Peer Steinbrück recently said that Marx’s answers "may not be irrelevant" to today’s problems.

Marxian economics, derived from Karl Marx's seminal works, critiques capitalism's treatment of labor, arguing that it exploits workers and undervalues their contributions. This school of thought ...

Edmund Conway looks at Karl Marx and Communism, in an extract from his new book - 50 Economic Ideas You Really Need To Know. Friends in high places: at one stage in the 20th century around half the ...

Two hundred years ago on 5 May 1818, Karl Marx was born in the German town of Trier on the banks of the river Moselle. Serendipitously, at the start of this bicentennial year, I found myself invited ...