The Communist Manifesto and non-socialist trade unions. Marx himself, later in his life, acknowledged that the middle-class was not disappearing in his work "Theories of Surplus Value" (1863). The obscurity of the later work means that Marx's acknowledgement of this error is not well known. George Boyer described the "Manifesto" as "very much a period piece, a document of what was called the 'hungry' 1840s." Many have drawn attention to the passage in the "Manifesto" that seems to sneer at the stupidity of the rustic: "The bourgeoisie ... draws all nations ... into civilisation ... It has created enormous cities ... and thus
IFD Kapital Group The holding company 'Group Kapital Asset Management' CJSC was the second largest Russian asset management firm with over 230 billion rubles of assets in management,as of September 30, 2012 per company website. It comprises three companies, namely Kapital Asset Management Company LLC, Kapital Asset Management joint stock company (JSC) and Management Company Kapital Mutual Funds LLC. The holding is headed by Sergei Mikhailov, a member of the Board of Directors with numerous connections. The holding totaled assets of RUR 132.7 billion as of March 31, 2013. In November 2013 Bloomberg News reported IFD Kapital was planning to sell the holding