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".
The Communist Manifesto a new title—"The Voice of Communism: Declaration of the Communist Party". In June–November 1850 the "Manifesto of the Communist Party" was published in English for the first time when George Julian Harney serialised Helen Macfarlane's translation in his Chartist magazine "The Red Republican". (Her version begins, "A frightful hobgoblin stalks throughout Europe. We are haunted by a ghost, the ghost of Communism.") For her translation, the Lancashire-based Macfarlane probably consulted Engels, who had abandoned his own English translation half way. Harney's introduction revealed the "Manifesto"s hitherto-anonymous authors' identities for the first time. Soon after the "Manifesto" was published, Paris erupted