KARL MARX AND THE ECONOMICS OF SOCIALISM
First comprehensive statement of the materialist conception of
history by Marx--_La Misere de la Philosophie_, a criticism of
Proudhon--Marx's first essay in economic science--His frank
recognition of the Ricardians--Marx in England becomes familiar
with the work of the Ricardians from whom he is accused of
"pillaging" his ideas--Criticisms of Menger and others--Marx
expelled from Germany and France--Removal to London--The struggle
with poverty--Domestic life--_Capital_ an English work in all
essentials--The Ricardians and their precursors--Superior method
and insight of Marx--The sociological viewpoint in economics--Mr.
W. H. Mallock's criticisms of Marx based upon misrepresentation
and misstatement--Marx on the Gotha Programme of the German Social
Democracy--Marx on the "ability of the directing few"--No ethical
deductions in the Marxian theory--"Scientific Socialism,"
criticisms of the term 201