Karl Marx asserted that capitalists generate profit, or surplus value, by paying workers less than the value their labour creates, leading to worker exploitation and alienation. He predicted that capitalism's internal contradictions such as its tendency toward economic crises and the concentration of wealth — would eventually lead to a workers' revolution. This revolution would usher in the transition to socialism, which Marx sometimes used interchangeably with the lower stage of communism.
Why do people still talk about Karl Marx?
