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Marx's Critique Of Capitalism

by Tom Chance

Throughout his work, Marx's primary concern was the intellectual destruction of capitalism. Despite his belief in a progressive history, and in the inevitable downfall of capitalism, Marx thought that in destroying capitalism's intellectual support he could hasten its real demise and usher in a socialist era. Many of his works can be seen as reactions to the growing status of the relatively new field of political economy, pioneered by figures like Adam Smith, David Ricardo and Thomas Malthus, whose increasingly laissez-faire theories promoted an extension of exactly the features of capitalism that Marx thought were most defective. Hence his critique ranges from attacks on the complacent liberal bases of capitalism to complex analyses of the economics of the day and of leading theorists.

Though he certainly didn't tackle these themes in any particular chronological order, I will tackle them thematically and logically, from the liberal foundations, through his......


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Approximate Word Count: 3086
Approximate Pages: 13 (250 words per double-spaced page)

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