Karl Marx's Grundrisse: Foundations of The Critique of Political Economy (routledge Frontiers of Political Economy)

While not evident immediately, social norms and values play a crucial role in the theory of social choice. In the first half of the twentieth century, the special acknowledgement by economic theory of the autonomy of individuals and their subjective view of the world had led to the serious problem…

Karl Marx was commissioned by the Communist League along with Friederich Engels to write The Communist Manifesto.

One of the most notorious works of modern times, as well as one of the most influential, "Capital" is an incisive critique of private property and the social relations it generates. Living in exile in England, where this work was largely written, Marx drew on a wide-ranging knowledge of its society to support his analysis and generate fresh insights. Arguing that capitalism would create an ever-increasing division in wealth and welfare, he predicted its abolition and replacement by a system with common ownership of the means of production.

This book discusses the origins of wealth inequality and explains how societies can reform to avoid the catastrophe of inequality-induced social breakdown. It develops a theoretical and practical understanding of the principles behind the concept of ownership and of property, complete with historical examples.