Karl Marx The Classical Economist

Remembered mostly as an advocate for communism, Karl Marx is considered the pioneer of classical economics. It was his predictions that capitalism would eventually push the world into economic crisis and fluctuations, which have come true plenty of times. He published, “The Community Manifesto” that greatly influenced how the communist movement of the 20th century progressed thus helping create a political landscape out of scratch. If it weren’t for the eventual popularity of capitalism that overtook communism, Carl Marx would never have been put to pasture in the obscure realms of economy.

Born on May 5th 1818. Carl Marx was a native of Prussia and he was always drawn towards socio-political theories. He began his professional career as a journalist with most of his writings having a socialist inclination that eventually saw him getting expelled from France and Germany. Then in 1848 he published his work titled, the Communist Manifesto with the help of Friedrich Engels because of which he was exiled and thus went to London, where he lived out the rest of his life.

Being born to a father who was a successful lawyer and a passionate activist for Prussian reforms, it was only natural that Karl would develop socialist tendencies from an early age. As a student though Marx was mostly average and relied on home education up until the age of 12. He then spent five years at a Jesuit high school. Soon after he began his studies at the University of Bonn, which was known for its rebellious and lively culture. As a young student, Marx enthusiastically participated in these reveries and even received imprisonments for disturbing peace, participating in duels, incurring debts and drunkenness. By the end of his second semester, his father had him enrolled at the University of Berlin as he believed it to be more of a serious college.

There he studied law and philosophy and was greatly influenced by G.W.F. Hegel, his teacher at the time. Initially though, he wasn’t all that interested in Hegel’s teachings until he became closely associated with the Young Hegelians – a radical youth group of students who heavily criticized the religious and political establishments of the time. This group included two other notable characters, Ludwig Feuerbach and Bruno Bauer.

By 1836 he became more politically involved and his ideologies were beginning to take shape. Marx’s father feared his son slipping towards “demons”. Later in 1841 when he finally received a doctorate, he tried to settle down with a teaching position but was denied because of his radical views. Thus, he moved to become a journalist and soon took over the post of editor at Rheinische Zeitung. This paper was native to Cologne and was considered a liberal paper but a year later the government ordered the active suppression of the paper and Marx was forced to resign soon after. Few months went by and he shifted to Paris with his new wife.

It was thereafter that he began writing his most famous publication for which the world would continue to remember him.

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