Marx bicentennial: What is capitalism?
NOVANEWS
By Liberation Staff
Karl Marx
May 5, 2018 is the 200th anniversary of the birth of Karl Marx. In honor of this occasion, we are reposting an essay from our “Fundamentals of Marxism” series found on Liberation School. Party for Socialism and Liberation is committed to keeping alive the legacy of Marx, not as an academic endeavor but as a living tool in the class struggle. Originally published in 2004.
Today, there is an enormous economic gap between the rich and the poor. According to the International Labor Organization, “one billion people are unemployed or underemployed” worldwide. Yet, six of the world’s richest people have a combined wealth of $134.6 billion.These six people have more money than nearly everyone else will see in their lifetime.
That is the nature of cap...
