LYCOS RETRIEVER 
Karl Marx: Capitalism
built 640 days ago
Contemporary supporters of Marx argue most generally that Marx was correct that human behavior reflects determinate historical and social conditions (and is therefore changing and can not be understood in terms of some universal "human nature"). More specifically, they argue his analysis of commodities is still useful and that alienation is still a problem. Some argue that capitalism does not exist as an independent system in any one country, and that one must analyze it as a global system. They further argue that when examined as a global system, capitalism is still organizing and exacerbating the gulf between rich and poor that first caught Marx's attention when he read Engels' book on Britain.
Source:
In Capital, Marx pointed out numerous contributions that capitalism had made to economic progress, especially in the area of technology. But he wrote that capitalism was doomed. He predicted that as capitalism developed, a small number of powerful monopolies would drive many enterprises out of business. To successfully compete against one another, these "cut throat" monopolies would reduce worker wages. Finally, a class struggle between the workers and the capitalists would bring on a revolution, replacing capitalism with communism.
Source:
Ten years after the defeat of communism, the startling news is that the dismantled bricks and stones of the Berlin wall may have helped uncover the real Marx. Wall Streeters and Economists are finding in Marx the sharpest student of capitalism.
Source:
Whatever one concludes on the question of whether Marx thought capitalism unjust, it is... obvious that Marx thought that capitalism was not the best way for human beings to live. Here points made in his early writings remain present throughout his writings, if no longer connected to an explicit theory of alienation. The worker finds work a torment, suffers poverty, overwork and lack of fulfillment and freedom. People do not relate to each other as humans should.
Source:
Marx rejects Bauer's argument as a form of Christian ethnocentrism, if not anti-Semitic. Marx proceeds to turn Bauer's language, and the rhetoric of anti-Semites, upside down to make a more progressive argument. First, he points out that Bruno Bauer's argument is too parochial because it considers Christianity to be more evolved than Judaism, and because it narrowly defines the problem that requires emancipation to be religion. Marx instead argues that the issue is not religion, but capitalism. Pointing out that anti-Semitic stereotypes of Jews are fundamentally anti-capitalist, Marx provides a theory of anti-Semitism by suggesting that anti-Semites scapegoat Jews for capitalism because too many non-Jews benefit from, or are invested in capitalism, to attack capitalism directly.
Source:
Ziyad Husami... argues that Wood is mistaken, ignoring the fact that for Marx ideas undergo a double determination in that the ideas of the non-ruling class may be very different from those of the ruling class. Of course it is the ideas of the ruling class that receive attention and implementation, but this does not mean that other ideas do not exist. Husami goes as far as to argue that members of the proletariat under capitalism have an account of justice which matches communism. From this privileged standpoint of the proletariat, which is also Marx's standpoint, capitalism is unjust, and so it follows that Marx thought capitalism unjust.
Source:
MORE ABOUT
Capitalism