Karl Marx wrote Das Kapital during the late industrial revolution, while Europe underwent a wrenching transformation from an agricultural to an industrial economy. In this monumental function, Marx argued that capitalism can be both inefficient and immoral, relying upon the exploitation of workers by owners of capital. Many modern ideas about profits, interest, monopoly, and the wastefulness of the business enterprise cycle discover their roots in the Marxian watch of economics.

The Great Economic Thinkers Series is a assortment of presentations that explain in understandable language the main ideas of history’s most important economists. Special emphasis is placed on each thinker’s attitude toward capitalism, uncovering their influence in today’s debate on economic progress and wealth.