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A history of economic doctrines

Note 964 — Chapter III · : MARXISM

R. (Robert) Richards translation

Karl Marx, generally spoken of as a Jew, was born on May 5, 1818, of Jewish parents who had been converted to Protestantism. Born of a respectable bourgeois family and wedded to the daughter of a German baron, few would have predicted for him the career of a militant socialist. Such was to be his lot, however. In 1843, at the age of twenty-five, the authorities having suppressed a newspaper which he was conducting, he fled to Paris, and thence to Brussels. Returning to Germany during the Revolution of 1848, in which he took an active part, he was again expelled, and this time took refuge in London (1849). Here he spent the rest of his life (about thirty years), leaving for France a short time before his death in 1883. He died at London on March 14 in that year.

Although Marx was one of the founders and directors of the famous association known as the “International,” which was the terror of every European Government between 1863 and 1872, he was not a mere revolutionary like his rival Bakunin, nor was he a famous tribune of the people like Lassalle. He was essentially a student, an affectionate father, like Proudhon, an indefatigable traveller, and a man of great intellectual culture.

The best known of his works, which is frequently quoted but seldom read, is Das Kapital, of which the first volume—the only one published during his lifetime—appeared in 1867. The other two volumes were issued after his death, in 1885 and 1894, through the efforts of his collaborator Engels.

This book has exercised a great influence upon nineteenth-century thought, and probably no work, with the exception of the Bible and the Pandects, has given rise to such a host of commentators and apologists. Marx’s other writings, though much less frequently quoted, are also exceedingly important, especially La Misère de la Philosophie, published in 1847 in answer to Proudhon’s Les Contradictions Économiques; Zur Kritik der politischen Oekonomie (1859); and particularly the Communist Manifesto, published in January 1848. The Manifesto is merely a pamphlet, and at first it attracted scarcely any attention, but Labriola goes so far as to say—not without some exaggeration, perhaps—that “the date of its publication marks the beginning of a new era” (Essai sur la Conception matérialiste de l’Histoire, p. 81). At any rate, it is the breviary of modern socialism. There is scarcely a single one of its phrases, each of which stings like a dart, that has not been invoked a thousand times. The Programme of the Communist Manifesto is included in Ensor’s Modern Socialism.

It is a much-debated question as to whether Karl Marx was influenced by French socialists, and if so to what extent. On the question of his indebtedness to Pecqueur and Proudhon see Bourguin’s article in La Revue d’Économie politique, 1892, on Des Rapports entre Proudhon et K. Marx. Proudhon’s work, at any rate, was known to him, for one of his books was a refutation of the doctrines of the petit bourgeois, as he called him. Certain analogies between the works of these two writers to which we shall have to call attention will help us to appreciate the extent to which Marx is indebted to Proudhon. But, as Anton Menger has pointed out, we must seek Marx’s antecedents among English socialists, in the works of writers like Thompson especially. Nor must we forget his friend and collaborator Friedrich Engels, who for the sake of his master has been content to remain in the background. Engels collaborated in the publication of the famous Manifesto in 1848, and it was he who piously collected and edited Karl Marx’s posthumous work. It is difficult to know exactly what part he played in the development of Marx’s ideas, but it is highly probable that it was considerable.

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