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The Legacy of Karl Marx

In: Handbook of the History of Economic Thought

Author

Listed:
  • Helge Peukert

    (University of Erfurt)

Abstract

The citation of Blaug’s book, written in the tradition of the Whiggish mainstream, hints at the fact that Marx is still a challenge after the breakdown of the communist world at the end of the 1980s. Almost all modern sociological (for example Weber) and economic approaches are to a great extent a reaction to Marx’ (and Engels’) theory and critique of capitalism as a system of exploitation. Who was this German intellectual who had such an immense international impact on the history of thought and policy? Born in Trier in 1818, he enrolled at the University of Bonn at 17 to study law where he came under the influence of the radical Hegelian philosophy.

Suggested Citation

  • Helge Peukert, 2012. "The Legacy of Karl Marx," The European Heritage in Economics and the Social Sciences, in: Jürgen Georg Backhaus (ed.), Handbook of the History of Economic Thought, chapter 0, pages 323-350, Springer.
    • Handle: RePEc:spr:euhchp:978-1-4419-8336-7_12
    DOI: 10.1007/978-1-4419-8336-7_12
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