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Eva Rich English 101 October 10, 2003 Karl Marx and Communism Karl Marx, a philosopher in the mid 1800s, is known for his theories of socialism. According to Marx, an ideal economic system would involve exchanges of equal value for equal value, where value is determined simply be the amount of work put into whatever is being produced. He says Capitalism interrupts this ideal because it involves profit. People are driven to work harder and be better at what they do for profit. This profit allows for ownership of property which in turn is a mark of power. Power, property, and wealth create a division of labor and a separation of classes. On the other hand, Communism is built on the statement, "from each according to his ability, to each according to his needs." Marx is a misunderstood visionary philosopher. In a communistic society, the State has many responsibilities toward the people. First of...

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