'Socialism' has become the new old bogeyman of the conservative monied classes in the US. The fear of socialism stems directly from its growing popularity among those left behind by our current capitalist system.
The ideas behind socialism and capitalism go back centuries and most of us today lack a clear understanding of these systems. Now, one of the leading Marxist economists in the US has written a new book exploring the ideas of Karl Marx.
It has been more than 200 years since Marx's birth, more than 170 years since the publication of his book The Communist Manifesto with Fredrich Engels, and more than 150 years since his own seminal and influential book Das Kapital. Yet Marx remains misunderstood to this day.
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