History of socialism French revolution, as well as from the German philosophy of GWF Hegel, and English political economy, particularly that of Adam Smith and David Ricardo. Marx and Engels developed a body of ideas which they called scientific socialism, more commonly called Marxism. Marxism comprised a theory of history (historical materialism) as well as a political, economic and philosophical theory. In the "Manifesto of the Communist Party", written in 1848 just days before the outbreak of the revolutions of 1848, Marx and Engels wrote, "The distinguishing feature of Communism is not the abolition of property generally, but the abolition of bourgeois property".
Edgware, Highgate and London Railway Underground Group had also bought up the rights of the W&ER and published proposals to further extend the line to Bushey and Watford although nothing was done immediately. Following the nationalisation of the Underground Group in 1933, the London Passenger Transport Board announced the 1935-1940 New Works Programme which included the following proposals for the Finsbury Park to Edgware, High Barnet and Muswell Hill lines: Much of the work was carried out, with East Finchley and Highgate stations being completely rebuilt and the electrification works were well advanced before the Second World War put a stop to progress. Passenger services