History of economic thought died, Engels completed the second volume of "Das Kapital" from his notes. Marx wrote his magnum opus "Das Kapital" (1867) at the British Museum's library in London. Karl Marx begins with the concept of commodities. Before capitalism, says Marx, production was based on slavery – in ancient Rome for example – then serfdom in the feudal societies of medieval Europe. The current mode of labor exchange has produced an erratic and unstable situation allowing the conditions for revolution. People buy and sell their labor as people buy and sell goods and services. People themselves have become disposable commodities. As Marx
Karl Marx House Karl Marx House The Karl Marx House museum () is a writer's house museum in Trier (Rhineland-Palatinate, Germany). In 1818, Karl Marx, the father of modern socialism and communism, was born in the house. It is now a museum about Karl Marx's life and writings as well as the history of communism. The significance of the house went unnoticed until 1904, at which point the Social Democratic Party of Germany (SPD) worked hard to buy it, succeeding in 1928. After the Nazi Party came to power in 1933, the building was confiscated and turned into a printing house. On 5