Karl Marx

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Automation

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Post-capitalism

Communism

Bourgeoisis

Factory owners in capitalism

"Withering away" of the state

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Business cycle

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Capitalism

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Hagen

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Imperialism

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Planned economy

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Plato

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Russian Revolution

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Socialism

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Surplus value

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Utopian socialists

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"The Communist Manifesto"

Book written by Karl Marx and Frederich Engels that outlined how every society in the world would eventually reach communism

Dialectical

Concept that an idea ("thesis") produces its own opposite ("antithesis") and out of the struggle between the two comes synthesis (a stronger, better idea) which then produces its own antithesis; ∆∆∆∆∆∆∆∆

Materialism

Concept that you look at the economy to know history and that he who controls the resources controls society

Marxism/Marxist

Economic beliefs based on the idea of materialism- he who controls the resources controls society

Lenin

Man of action, led the Russian Revolution (as a result of the Germans), family killed by the Russian Czar, contributed the Weak Link theory, imperialism, and idea of communist party starting communist revolution

Friedrich Engels

Marx's partner in writing the Communist Manifesto

Proletariat

Marx's term for the working class in a capitalist society

Leninist

Marxism as interpreted and applied by Lenin, believe in Weak Link theory, capitalism=imperialism, and that the communist party will lead the revolution

Labor Theory of Value

Now deemed irrelevant; idea that value is equal to the amount of labor it takes to produce or maintain it

Dialectical Materialism

Proves that revolution is inevitable, stolen from Hagen, idea stating that in the feudal class nobles produces merchants and out of that came capitalism, which consists of bourgeoisie and proletariats, out of which produces communism

Karl Marx

Scholar, kicked out of University for being to radical, lived in the slums of London and worked at museum there studying economics, authored "The Communist Manifesto" and "Das Kapital", created the main form of modern communism

"Das Kapital"

Written by Karl Marx over 18 years, explains capitalism and then how it will be destroyed by communism

Weak Link Theory

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Communism

a mutual sharing of that which is possessed in common; a communal life


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