He recognized that economic crises were inevitable and occurred at regular intervals. He was also among the first to recognize the cyclical nature of economic processes. For example, Marx was one of the first thinkers to suggest that what shapes our societies, actions, and attitudes is the economy. Well, it’s in part because Marx’s ideas were indeed prophetic, or at least very much ahead of their time.
For better or for worse, they view absolutely everything through its lens. Indeed, for its proponents, Marxism is something like a religion. With his famous argument for an inevitable revolution, spearheaded by the working class, Marx became the great prophet of socialism. In the social sciences, no figure looms larger than the German economist and philosopher Karl Marx.
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