Karal Marx
One of the first and most persuasive advocates of modern capitalism was Adam Smith. The most serious challenge to Adam Smith and his followers came from Karl Marx, a nineteenth century German. The son of a Prussian lawyer, the methodical Marx was a worthy and resourceful opponent. He unfolded his economic theories in his monumental Das Kapital, a work on which he spent eighteen years of research and writing. Marx’s main objection to the …
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…inevitable (Magee, 168).
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