1. The Materialistic Interpretation of History.--
Marx holds that in the main all the phenomena of
human society have their origin in material conditions,
and these he takes to be embodied in economic
systems. Political constitutions, laws, religions,
philosophies--all these he regards as, in their broad
outlines, expressions of the economic regime in the
society that gives rise to them. It would be unfair
to represent him as maintaining that the conscious
economic motive is the only one of importance; it
is rather that economics molds character and opinion,
and is thus the prime source of much that appears
in consciousness to have no connection with them.
He applies his doctrine in particular to two revolutions,
one in the past, the other in the future. The
revolution in the past is that of the bourgeoisie
against feudalism, which finds its expression, according
to him, particularly in the French Revolution.
The one in the future is the revolution of the wage-
earners, or proletariat, against the bourgeoisie,
which is to establish the Socialist Commonwealth.
The whole movement of history is viewed by him as
necessary, as the effect of material causes operating
upon human beings. He does not so much advocate
the Socialist revolution as predict it. He holds, it
is true, that it will be beneficent, but he is much more
concerned to prove that it must inevitably come.
The same sense of necessity is visible in his exposition
of the evils of the capitalist system. He does
not blame capitalists for the cruelties of which he
shows them to have been guilty; he merely points out
that they are under an inherent necessity to behave
cruelly so long as private ownership of land and
capital continues. But their tyranny will not last
forever, for it generates the forces that must in the
end overthrow it.
2. The Law of the Concentration of Capital.--
Marx pointed out that capitalist undertakings tend
to grow larger and larger. He foresaw the substitution
of trusts for free competition, and predicted
that the number of capitalist enterprises must diminish
as the magnitude of single enterprises increased.
He supposed that this process must involve a diminution,
not only in the number of businesses, but also
in the number of capitalists. Indeed, he usually
spoke as though each business were owned by a single
man. Accordingly, he expected that men would be
continually driven from the ranks of the capitalists
into those of the proletariat, and that the capitalists,
in the course of time, would grow numerically weaker
and weaker. He applied this principle not only to
industry but also to agriculture. He expected to
find the landowners growing fewer and fewer while
their estates grew larger and larger. This process
was to make more and more glaring the evils and
injustices of the capitalist system, and to stimulate
more and more the forces of opposition.
Public-domain text, read in full here on John Shaqi.
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