19 May 2015
Most people agree that we need to improve our economic system somehow. Yet we're also often keen to dismiss the ideas of capitalism's most famous and ambitious critic, Karl Marx. This isn't very surprising. In practice his political and economic ideas have been used to design disastrously planned economies and nasty dictatorships. Nevertheless, we shouldn't reject Marx too quickly. We ought to see him as guide whose diagnosis of capitalism's ills helps us to navigate towards a more promising future. Capitalism is going to have to be reformed and Marx's analyses are going to be part of any answer.
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