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 Monument nickname for the monument: "Nischel", which is derived from the Central German term for head or skull. After renaming the city and the district of Chemnitz into Karl-Marx-Stadt on May 10, 1953 for Karl Marx Year, the East-German government decided to honor the namesake of the city, and hired a Soviet sculptor, Lev Kerbel, to design a monument. The monument was cast in the art foundry Monument Skulptura in Leningrad in bronze and then broken down into 95 pieces. In Karl-Marx-Stadt, these items were to be welded together again, but the Soviet technology was not suitable. Instead, it was decided