KARL MARX, the founder of materialistic socialism, is recognized by economists as one of the three or four greatest minds who have contributed to the progress of economic science. What he did was to ...

This question of the status of universality, whether attacked by its opponents as “white male,” or “Eurocentric,” or a “master discourse,” is today at the center of the current ideological debate, as ...

Adam Smith, a Scotsman, and Karl Marx, a German, are probably the two best known political economists in the Conceptual West. They lived a few decades apart and each had profound impact on how ...

More than a century after his death, Karl Marx still speaks mdash;perhaps uncomfortably mdash;to the lived realities of many ...

Perma bear Nouriel Roubini concludes: "So Karl Marx, it seems, was partly right in arguing that globalization, financial intermediation run amok, and redistribution of income and wealth from labor to ...

AI and the growing concern that it has the potential to set off a major economic and financial crises shows that ...

Discover how government impacts capitalism, regulation, and free markets. Explore different economic theories and their views ...