Karl Marx 1818 1893 Theories Theory of Value

Karl Marx 1818 - 1893

Theories Theory of Value- Value is only derived the amount of labor required to produce it. Economic Determinism – We are at the mercy of our economic situations (capitalists would say what about free will/personal responsibility)

* Born in Prussia (Germany) * Law/History/Philosophy * Influenced by the Dialectic of Hegal * Exiled to London * Literary Works: Communist Manifesto Das Kapital

* Literary Works: Communist Manifesto Das Kapital

Economic Periods of History Capitalism Slave Societies Pure Communism No Classes Owner/Slave Feudalism Noble/Serf M O V E M E N T OF H I S T O R Y Bourgeoisie/ Proletariat

Economic Periods of History Pure Communism No Classes M O V

Economic Periods of History Pure Communism No Classes Lasting about 50, 000 years M O V

Economic Periods of History Pure Communism No Classes Innovations: Agriculture, Domestication of Animals, and Irrigation = SURPLUS M O V

Economic Periods of History Pure Communism No Classes M O SURPLUS = UPPER AND LOWER CLASSES V

Economic Periods of History Pure Communism No Classes M O V UPPER AND LOWER CLASSES = NEED FOR GOVERNMENT

Government Marx: “ The purpose of Government (and Religion) is to protect the Upper Class” Marxism Pure Communism No Classes M O V

Government Economic Periods of History Marxism Capitalism Slave Societies Pure Communism No Classes Owner/Slave Feudalism Noble/Serf M O V E M E N T OF H I S T O R Y Bourgeoisie/ Proletariat

Government Economic Periods of History Marxism Socialism “Dictatorship of the Proletariat” Capitalism Bourgeoisie/ Proletariat COMMUNISM NO CLASSES M O V E M E N T OF H I S T O R Y Revolution ! “From each according to ability…to each according to need”