Karl Marx, 1818–83

Prue Kerr

Chapter 9 in 50 Years a Keynesian and Other Essays, 2001, pp 157-168 from Palgrave Macmillan

Abstract: Abstract Because some of the tendencies which Marx identified (and his critics mistakenly interpreted as predictions) have not in fact occurred, he must rest content instead, as the late Ronald Meek told us (1967: 128), with being ‘just another genius’. Marx was the most profound interpreter of the capitalism of his age, arguably of any age. He bequeathed to us a set of methods with which to approach issues of high theory, historical and philosophical analysis, and policies embracing Realpolitik in the social sciences. We concentrate here on these aspects of his contributions. His views on the operation of socialism and of its transformation to communism are on a different plane, often approaching in naivety those of Utopian Christian Socialists — hence the non sequitur involved in supposing that the overthrow of the USSR and Eastern European regimes discredits Marx’s most enduring contributions, Baroness Thatcher notwithstanding.

Keywords: Surplus Labour; Internal Contradiction; Labour Theory; Wage Good; Individual Capitalist (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-52331-9_9

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DOI: 10.1057/9780230523319_9

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