I was really rather surprised by this from Mark Thoma, the idea that capitalism (or, to be more accurate, this blend of capitalism and markets that we actually have) does not create a mechanism to ...

What makes something valuable? Karl Marx developed a distinct approach to answer this question—the “labour theory of value”.

"Capitalism should not become the model of society," says Cardinal Reinhard Marx of Munich, one of Francis' top advisers. “To think that somewhere there are pure markets which give rise to the good ...

In my view, Karl Marx's analysis of capitalism is really powerful and important. I think the best formulation of this analysis is in his book Capital, Volume 1. Joseph Kay recently wrote a blog post ...

If you think America won the Cold War, take a look at a new article in Teen Vogue headlined “Who is Karl Marx: Meet the Anti-Capitalist Scholar.” It praises the communist scholar’s critique of the ...

Is capitalism in crisis? That is what Rep. Alexandria Ocasio-Cortez, D-N.Y., said recently, more precisely she said that we are witnessing a “crisis of late stage capitalism.” Others seem to agree. So ...

It might sound a little strange to be using a 19th century economic philosopher like Karl Marx to explain just what was wrong with the various no-poaching agreements between Silicon Valley firms like ...

To the editor: Life sometimes imitates art. It sure did in Mary Gabriel’s op-ed article, “A letter to Karl Marx on his 200th birthday.” Gabriel writes, “Don’t get me wrong. The initial benefits of ...