Karl Marx, born on this day in 1818, was a foundational political theorist and journalist associated with the philosophy of Marxism.
Among Marx’s best-known texts are the “The Communist Manifesto” and the three-volume “Das Kapital”, in which he set out to define and explain the behavior of the capitalist mode of production.
Marx’s political and philosophical thought have had enormous influence on subsequent intellectual, economic and political history, and his name has been used as an adjective, a noun, and a school of social theory.
Marx’s critical theories about society, economics and politics - collectively understood as Marxism - hold that human societies develop through class conflict. In capitalism, this manifests itself in the conflict between the ruling classes (known as the bourgeoisie) that control the means of production, and the working classes (known as the proletariat) that enable these means by selling their labor power in return for wages.
Employing a critical approach known as historical materialism, Marx concluded that, like previous socio-economic systems, capitalism produced internal tensions which would lead to its self-destruction and replacement by a new system known as socialism.
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Some weirdo keeps advertising crypto coins on the white board in an office I work out of, I keep erasing it. It’s clearly getting to them and now it’s not just a list of their fav coins, they’ve started writing shit about how crypto is good because there won’t be any more Bitcoin but we’ll never stop printing dollars and scared money doesn’t make money lmao