Saturday, July 21, 2012

Karl Marx and Capitalism

Karl Marx, the great philosopher and who had propagated the theory of Communism, long ago predicted the crisis of Capitalism in his famous book 'Das Capital'. Presently the crisis of Capitalism has become omnipresent, so the problem to be looked into following his theory on Capitalist economy which is based upon profit, profit and more profit. Thus, bringing hardship to millions of people. It would be prudent not to shun his theory but to study more and more.

Today we are more cocern about market economy which cannot be accepted because market cannot grow with out the improvement of the conditions of the poors.

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