What legacy has Karl Marx left?

In economics, Marx does not have much legacy left. Marx thought Capital was a critique of political economy, but Marx was not an economist. Since the 19th Century, economics has been defined as the study of how people deal with scarcity and tradeoffs, the reality that we have finite resources and cannot do whatever we want. read more

It was recently announced that Karl Marx’s totemic grave in Highgate Cemetery, London, is all set for a facelift. Footfall has soared, it is said, off the back of the reinvigoration of left politics following that election of Jeremy Corbyn as UK Labour Party leader and the festivities surrounding the 150 th anniversary of Marx’s masterwork, Capital, and the 200 th anniversary of his birth. read more