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As I write this, every newspaper informs me of frantic efforts by merchants to unload onto the consumer, at almost any price, the vast surplus of unsold commodities that have accumulated since the credit crisis began to take hold. The phrase crisis of over-production, which I learned so many long winters ago in “agitational” meetings, recurs to my mind.

On other pages, I learn that the pride of American capitalism has seized up and begun to rust, and that automobiles may cease even to be made in Detroit as a consequence of insane speculation in worthless paper “derivatives.” Did I not once read somewhere about the bitter struggle between finance capital and industrial capital?

The lines of jobless and hungry begin to lengthen, and what more potent image of those lines do we possess than that of the “reserve army” of the unemployed—capital’s finest weapon in beating down the minimum wage and increasing the hours of the working week?

As a university student, Karl Marx (1818-1883) joined a movement known as the Young Hegelians, who strongly criticized the political and cultural establishments of the day.

Karl Marx was born in 1818 in Trier, Prussia; he was the oldest surviving boy in a family of nine children. Both of his parents were Jewish, and descended from a long line of rabbis, but his father, a lawyer, converted to Lutheranism in 1816 due to contemporary laws barring Jews from higher society. Young Karl was baptized in the same church at the age of 6, but later became an atheist.

After receiving his degree, Marx began writing for the liberal democratic newspaper Rheinische Zeitung, and he became the paper’s editor in 1842. The Prussian government banned the paper as too radical the following year. With his new wife, Jenny von Westphalen, Marx moved to Paris in 1843. There Marx met fellow German émigré Friedrich Engels, who would become his lifelong collaborator and friend. In 1845, Engels and Marx published a criticism of Bauer’s Young Hegelian philosophy entitled “The Holy Father.”

What Do Trump and Marx Have in Common?

We have a word in German, “Wutbürger,” which means “angry citizen”

Perhaps the most powerful Wutbürger of them all is Donald J. Trump.

Tech giants Microsoft and Alphabet/Google have seized a large lead in shaping our potentially A.I.-dominated future. This is not good news. History has shown us that when the distribution of information is left in the hands of a few, the result is political and economic oppression. Without intervention, this history will repeat itself.

The fact that these companies are attempting to outpace each other, in the absence of externally imposed safeguards, should give the rest of us even more cause for concern, given the potential for A.I. to do great harm to jobs, privacy and cybersecurity. Arms races without restrictions generally do not end well.

We believe the A.I. revolution could even usher in the dark prophecies envisioned by Karl Marx over a century ago. The German philosopher was convinced that capitalism naturally led to monopoly ownership over the “means of production” and that oligarchs would use their economic clout to run the political system and keep workers poor.

How was anger hijacked?

In its pure form, anger is a wonderful force of change.

Karl Marx was a Wutbürger. So were Montesquieu, William Wilberforce, the Rev. Dr. Martin Luther King Jr.

The fall of communism discredited Marx’s political vision. But, as observers have wondered before, is his view of our economic future being validated?

The taproot of agitation in 21st-century politics, this trend suggests, may indeed be a Marxian sense of everything solid melting into air. But what’s felt to be evaporating could turn out to be cultural identity — family and faith, sovereignty and community — much more than economic security.

somewhere in this pattern, perhaps, lies the beginnings of a  more ideologically complicated critique of modern capitalism — one that draws on cultural critics like Daniel Bell and Christopher Lasch rather than just looking to material concerns, and considers the possibility that our system’s greatest problem might not be the fact that it lets the rich claim more money than everyone else. Rather, it might be that both capitalism and the welfare state tend to weaken forms of solidarity that give meaning to life for many people, while offering nothing but money in their place.

Piketty himself is a social democrat who abjures the Marxist label. But as his title suggests, he is out to rehabilitate and recast one of Marx’s key ideas: that so-called “free markets,” by their nature, tend to enrich the owners of capital at the expense of people who own less of it.

What kind of monster doesn’t support “anti-racism”? Who would put themselves on the other side of “social justice”? How could you be opposed to the notion of “racial equity”?

what began as a collective yen for racial equality—long overdue in our nation—has devolved into something dangerous that is actually undermining its own noble goals.

as high-minded as these ideas sound, they mark a shift away from the values they purport to represent—equality before the law; the consent of the governed; even democracy itself—and toward the opposite, with people ranked by immutable characteristics and ruled by a tiny elite.

The bank experience showed how you could be oppressed by hierarchy, working in an environment where you were neither free nor equal. But this implied that freedom and equality were bound together in some way beyond the basic state of being unenslaved, which was an unorthodox notion. Much social thought is rooted in the idea of a conflict between the two.

If individuals exercise freedoms, conservatives like to say, some inequalities will naturally result. Those on the left basically agree—and thus allow constraints on personal freedom in order to reduce inequality. The philosopher Isaiah Berlin called the opposition between equality and freedom an “intrinsic, irremovable element in human life.” It is our fate as a society, he believed, to haggle toward a balance between them.

What if they weren’t opposed, Anderson wondered, but, like the sugar-phosphate chains in DNA, interlaced in a structure that we might not yet understand?

“Bourgeois Dignity” is both the title of a recent book by the economic historian Deirdre N. McCloskey and, she argues, the attitude that accounts for the biggest story in economic history: the explosion of growth that took northern Europeans and eventually the world from living on about $3 a day, give or take a dollar or two (in today’s bu

ing power), to the current global average of $30 -- and much higher in developed nations

That change, she argues, is way too big to be explained by normal economic behavior, however rational, disciplined or efficient

The reason that postwar economies looked different — that inequality fell — was historical catastrophe. World War I, the Depression and World War II destroyed huge accumulations of private capital, especially in Europe. What the French call “les trentes glorieuses” — the roughly 30 postwar years of rapid economic growth and shrinking inequality — were a rebound. The American curve, of course, is less sharp, given that the fighting was elsewhere.

the professional and political assumption of the 1950s and 1960s, that inequality would stabilize and diminish on its own, proved to be an illusion. We are now back to a traditional pattern of returns on capital of 4 percent to 5 percent a year and rates of economic growth of around 1.5 percent a year.

So inequality has been quickly gathering pace, aided to some degree by the Reagan and Thatcher doctrines of tax cuts for the wealthy. “Trickle-down economics could have been true,” Mr. Piketty said simply. “It just happened to be wrong.”

Few can imagine how unlikely this is. From the Fifties to the Seventies, there was serious debate on how imminent the Communist Revolution was in India. The future was red. Now of course no one takes Communists or even Communism seriously. The Soviet Union collapsed without anyone firing a shot. Leninism proved to be a delusion which could not survive the 20th century.

Why did Communism fail so abysmally? Marx had a fascination with Capitalism and admired its immense productive potential. He and Engels advertised the advent of globalisation in their youthful Communist Manifesto. His ideal of Socialism was timed for well after the maturity of Capitalism.

Communism’s luck continued and Capitalism suffered the Great Depression. It looked like the Revolution was imminent. Lenin had conflated Imperialism and Capitalism. This enhanced the appeal of Communism for the colonies. Stalin consigned millions to concentration camps but the idea that the Soviet Union was the hope of the world remained strong. Victory in the Second World War and then taking over Eastern European countries enhanced the reputation of the Soviet Union. China had its own Revolution which confirmed Lenin’s wisdom that the Communist revolution would start in the backward countries, not developed ones as Marx may have thought. India was supposed to be the next ripe fruit to fall. The CPI had blotted its copybook by supporting the British rulers during the war, as for them the fight was for defence of the Soviet Union. They denounced independence as illusory and launched a premature Revolution in Telangana. Stal

Vladimir Lenin (1870-1924) was a Russian communist revolutionary and head of the Bolshevik Party who rose to prominence during the Russian Revolution of 1917, one of the most explosive political events of the twentieth century. The bloody upheaval marked the end of the oppressive Romanov dynasty and centuries of imperial rule in Russia. The Bolsheviks would later become the Communist Party, making Lenin leader of the Soviet Union, the world’s first communist state.  

Later that year, 17-year-old Lenin—still known as Vladimir Ilich Ulyanov—was expelled from Kazan Imperial University, where he was studying law, for taking part in an illegal student protest. After his expulsion, Lenin immersed himself in radical political literature, including the writings of German philosopher and socialist Karl Marx, author of Das Kapital.

Lenin later moved to Germany and then Switzerland, where he met other European Marxists. During this time, he adopted the pseudonym Lenin and established the Bolshevik Party.

Although Russians know more about Stalin’s crimes than they did ever before, many politicians and historians want to pull him out of the shadows and celebrate him for his role in the industrialization of the young Soviet state and the victory over Nazi Germany.

For the 60th anniversary of Stalin’s death, the Carnegie Endowment for International Peace conducted another Stalin poll. It found that Stalin is the uncontested No.1 on the Russians’ list of great historical figures, ahead of Lenin, Marx and Peter the Great. In 1989, only 12 percent of Russians felt that way. Today it’s 50 percent.

In 1994, 27 percent of Russians had a positive view of Stalin. In 2011 it was 45 percent. Fifty percent of the respondents thought that Stalin was a wise leader who brought might and prosperity to the Soviet Union. Yet at the same time, 68 percent agreed that he was a cruel tyrant guilty of the death of millions of innocent citizens. Sixty percent also said it was more important that under his leadership the Soviet people won World War II.

in 2009, during a medical leave from his sophomore year at George Washington University, Mr. Sunkara turned to Plan B: creating a magazine dedicated to bringing jargon-free neo-Marxist thinking to the masses.

“I had no right to start a print publication when I was 21,” he said in an interview in a cafe near his apartment in Bedford-Stuyvesant, Brooklyn. “Looking back, I see it as a moment of creative ignorance. You have to have enough intelligence to execute something like this but be stupid enough to think it could be successful.”

Since its debut in September 2010 it has attracted nearly 2,000 print and digital subscribers, some 250,000 Web hits a month, regular name-checks from prominent bloggers, and book deals from two New York publishers.

Rare are the writers whose legacy has shifted as dramatically as Diderot’s. When he died in 1784, at age 70, the vast majority of his short stories, novels and philosophical works lay hidden away in trunks. He was remembered primarily for two things: coediting the world’s first comprehensive encyclopedia, a project to which he contributed an astonishing 10,000 articles, and being a scandalous freethinker and atheist.

Armed with both hindsight and access to his unpublished writings, we now know a different Diderot. By the 19th century, the writer’s “discovered” texts began inspiring the likes of Goethe, Hegel and Nietzsche. Marx cited him as his favorite writer — twice. Freud, too, was a great fan.

Readers today never fail to be amazed by Diderot’s willingness to confront both the unconscionable and the uncomfortable, often embracing subject matter that his contemporaries fled. He vehemently condemned the enslavement of Africans (and gave a philosophical voice to the slave); he challenged his era’s views on religious celibacy and forced vocations (in a tear-jerking pseudo-memoir of a sexually abused nun); and he entertained the possibility that his cherished materialism denied us free will (in his novel “Jacques the Fatalist”).

The world’s eight richest billionaires control the same wealth between them as the poorest half of the globe’s population

, Oxfam said it was “beyond grotesque” that a handful of rich men headed by the Microsoft founder Bill Gates are worth $426bn (£350bn), equivalent to the wealth of 3.6 billion people.

The development charity called for a new economic model to reverse an inequality trend that it said helped to explain Brexit and Donald Trump’s victory in the US presidential election.