A German political philosopher who wrote the Manifesto of the Communist Party (Communist manifesto), Das Kapital, and was the editor in chief of the liberal newspaper "Neue Rheinische Zeitung". Is the father of modern communism and has a tight grave in england that some idiots tried to blow up with a pipe bomb in 1970.
In works such as Das Kapital and 11th Thesis on Feuerbach, Karl Marx stated that “greed will be the death of capitalism” because the wages of an average working class man was not enough to be put back into the capitalist system. When later capitalist economists read Marx’s writings, the concept of consumerism was born. In this system, a factory worker will be paid enough to purchase a product that his factory made. This purchase allows a manager to extract surplus value from their workers by selling them a product for more than they were paid to make it. Repeat this process for millions of workers, and you have a consumer society. In this way Marx defined modern economics over 150 years ago, at the beginning of the Industrial Revolution.
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