Describe Karl Marx's theory and discuss how his Economic theorys affected others.

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Describe Karl Marx’s theory and discuss how his Economic theorys affected others. This paper is an analysis of the chapter “Estranged Labour” in Karl Marx’s Economic and Philosophic Manuscripts of 1844. [1]  In particular, the text will be situated historically, as well as within a scheme of development of Marxist thought.  The intellectual traditions upon which Marx draws will be noted, and the relationship between this text and other Marxist texts of this time period will also be discussed.  Finally the main problem and arguments of the text will be outlined, which includes Marx’s critique of Hegel’s theory of history, and Marx’s explanation of the key concepts of alienated labour.          The Economic and Philosophic Manuscripts of 1844 is an early text by Karl Marx, written when he was a young man of about 26 years old, in the city of Paris, France.  The Manuscripts contain the development of Marxist thought, and are built upon three major European intellectual traditions.  Foremost, Marx studies British Political Economy, and criticizes their non historical nature, and their use of relationships as objects.  At the same time he accepts their language: “we have proceeded from the premises of political economy. We have accepted its language and its laws.” (p.70)  He uses the language to examine German Idealism, and criticizes their idealistic nature, but accepts Hegel’s use of the dialectic.  Finally, Marx draws upon French Socialism in the Manuscripts; as he accepts their ideas about social classes and class conflict.  He was also critical of French Socialism as he felt they failed to recognize the ‘essence’ of
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people.          Although the manuscripts are part of the early development of Marxist thought, they are not Marxist theory.  They are instead, written by Marx when he considered himself to be a Young Hegelian philosopher, however it is in these Manuscripts that he begins to break from some of Hegel’s philosophies.  In Marx’s earlier text  For a Ruthless Criticism of Everything Existing  for example, he advocates the position of a Young Hegelian who believes that through criticism, the mind and reason can be elevated towards freedom and a utopian society.  Throughout this text, Marx advocates criticizing all aspects of society such  ...

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