Tag Archives: communism

HCJ FOUR: (Economics) Smith to Keynes

History of Economic Theory 18th century: Adam Smith and free trade: “Civil government, so far as it is instituted for the security of property, is in reality instituted for the defense of the rich against the poor, or of those … Continue reading

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HCJ TWO: Marx

Karl Marx (1818-1883) is generally considered as the man who claimed to have made Socialism scientific. HISTORICAL CONTEXT OF THE PERIOD (‘Age of Revolutions’) Marx wrote at a time of political and economic change. The Revolutions of 1848 (also known … Continue reading

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