History of economic thought its critics. Socialism emerged in response to the miserable living and working conditions of the working class in the new industrial era, and the classical economics from which it sprang. The economic and political theory published in "The Communist Manifesto" (1848) and "Das Kapital" (1867) combined with the dialectic theory of history inspired by Friedrich Hegel (1770–1831) to provide a revolutionary critique of nineteenth-century capitalism. In 1845 German radical Friedrich Engels (1820–1895) published "The Condition of the Working Class in England in 1844", describing workers in Manchester as "the most unconcealed pinnacle of social misery in our day." After Marx
Aktiv Kapital Group. Aktiv Kapital Aktiv Kapital ASA is a Norwegian debt investment company with operations in nine countries. It is the largest purchaser of non-performing consumer credits in Europe and Canada. The company purchases assets from banks and other financial institutions, adding value for lenders through unique insights, flexible approach and international presence. The company was founded in 1991 and has grown through a number of acquisitions. It is listed on the Oslo Stock Exchange and controlled by John Fredriksen. July 16, 2014 Portfolio Recovery Associates completed a $1.3 billion acquisition of Aktiv Kapital AS, and they are now known as