Why Karl Marx was right. September 13, 2011. Lee Sustar explains why mainstream economists are referring to Karl Marx in discussions of the world economy--and why they won't talk about the whole Marx.

I am not a Marxist — indeed, quite the opposite — most of the time. But even Marx got things right once in a while. Such was the case in 1875, near the end of his life. According to Bruce ...

The document, recalled his untutored protégé, “brought me an interpretation of much that before had been only inarticulate feeling.” Reading that Marx and Engels hailed “the ever expanding union of ...

Marx Was Right: Five Surprising Ways Karl Marx Predicted 2014. From the iPhone 5S to corporate globalization, modern life is full of evidence of Marx's foresight. By Sean McElwee.

The economic theories of Karl Marx, born 200 years ago, became unchallengeable doctrine in many countries for much of the 20th century. We take a look at which of his ideas were right — and ...

Target has announced that wages in its stores will now have a minimum starting rate of $11 an hour, rising to $15 by 2020. All of which proves that Karl Marx was indeed right. Not that Marx was ...

Karl Marx was the most important thinker in the history of the socialist movement. ... To be fair, Cramer isn’t the only right-winger to be a bit confused on this point.

Our old friend Karl Marx had a number of theories about wages not all of which were entirely consistent with each other. The one that he had which was undoubtedly correct was the process by which ...

WASHINGTON (Reuters) – Capitalism as we used to know it is on its deathbed. And those who predicted that the old brand, the unfettered, American-promoted system, was a danger to the world, are ...

In his 1867 book, “Das Kapital,” Karl Marx said that capital was not productive, and productivity came from labor only. He further stated that owners only focused on profits.