Manifesto of the Communist Party

It does not matter if historians have argued that his analysis of capitalism does not fit the facts and that his predictions of the inevitable evolution of society have been falsified. His theories are re-interpreted, reformulated, and transmogrified, until made immune to counterexample and…

At the center of his criticism is Mises’s claim that rational economic calculation under socialism is impossible. Mises begins his argument by taking socialists at their word, assuming that socialism will substitute conscious planning for the “anarchy of production” (to use Karl Marx’s term) of the…

A three volume criticism of the capitalist system by one of the leading theorists of socialism. Only vol. 1 appeared in Marx’s lifetime (1867); the other two vols. were published posthumously by Engels (1885, 1894). Marx prided himself on having discovered the “laws” which governed the operation of…

This featured OLL Birthday is the Journalist, classical economist, historian, and political activist Karl Marx. Marx’s many contributions in these areas are so profound that it is scarcely possible to understand the history of the modern world without reference to his ideas and work.

This Liberty Matters forum explores the strengths and weaknesses of Marx’s political, economic, and social thought.