Written by Karl Marx and Friedrich Engels for the Communist League, The Communist Manifesto has become a classic formulation of socialist political ethics. The authors base their work on the ethical belief that all people should live in a condition of equality and democracy. They contend that all previous societies have been marked by class struggle. This conflict between different social classes is rooted in the classes’ economic relationships to the means of production. Classes themselves are seen as an inherent result of the institution of private property. Thus, for Marx and Engels, some people have always owned property while forcing those without to work for them. Although the form of this exploitative relationship has changed over time from master/slave to lord/serf and then bourgeois/worker, the inequality has remained present. This injustice has led world history to be the history of class struggle.
With the rise of capitalism, the new ruling class (the bourgeoisie) constantly revolutionizes the way things are produced and exchanged. As capitalism grows, the need for a constantly expanding market causes the bourgeoisie to expand borders until capitalism has engulfed the world. In the process of this ever-growing expansion, there is, of necessity, more economic and political centralization. This centralization of economic and political power further reduces the actual power of the majority of the population.
Marx and Engels note that this expansion is by no means a smooth process and is constantly beset with crisis. Since workers as a whole produce more in value than they are paid in wages, there are periodic periods of overproduction. These crises of overproduction take the form of business downturns or depressions that the bourgeoisie can overcome only by mass destruction of productive property (such as war) or by conquest of new markets (imperialism). Even when a crisis has been surmounted, the seeds...
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