The Summary of an Arcticle

The Summary of an Arcticle
In summary, the article is about John Gurley's opinion about Karl Marx's contributions and whether they are significant today. Specifically, Marx majorly contributed seven times to the political domain. Firstly, the Germany-based philosopher developed the materialist outset of history. This element helped assess social, political, and economic modifications over time. Secondly, Marx examined industrial capitalism's circulation and production processes and devised a value-based labor theory for evaluating workers' exploitation. Thirdly, Marx acknowledged the capital accumulation processes such that a tendency for the profit rate to fall existed during the process, leading to capital accumulation retardation. Fourthly, his writings included the state's economic theory. He supposed it would not be easier for the state to improve capitalism's commercial crises. Fifthly, Marx described how the capitalist system puzzled workers, separated from the production sphere and ...