Reference > The New Dictionary of Cultural Literacy > 18. Business and Economics
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  The New Dictionary of Cultural Literacy, Third Edition.  2002.
 
Marx, Karl
 
 
A German scholar of the nineteenth century; the originator of Marxism, the fundamental theory of communism. Marx viewed political, social, and economic reality as based in the class struggle and predicted that capitalism would destroy itself. With the downfall of capitalism, the workers of the proletariat would come to power and begin a new age, free of economic exploitation. Much of Marx’s work, including The Communist Manifesto and Das Kapital, was done with Friedrich Engels. (See also socialism.)  1
 
 
The New Dictionary of Cultural Literacy, Third Edition. Edited by E.D. Hirsch, Jr., Joseph F. Kett, and James Trefil. Copyright © 2002 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.

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