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Full Idea
It is empirically established that by the overthrow of the existing state of society by the communist revolution, and the abolition of private property, which is identical with it, the power of the world market will be dissolved.
Gist of Idea
Communism abolishes private property and dissolves the powerful world market
Source
K Marx / F Engels (The German Ideology [1846], §1.A)
Book Ref
Marx,K./Engels,F.: 'The German Ideology', ed/tr. Arthur,C.J. [Lawrence and Wishart 1985], p.55
A Reaction
They later dropped the abolition of private property as an aim. They were very early in spotting the problem of global capitalism. As long as there are scarcities of anything (e.g. Rembrandts) it is hard to imagine the disappearance of the market.
| 7670 | Kant is the father of the notion of exploitation as an evil [Kant, by Berlin] |
| 5284 | Communism abolishes private property and dissolves the powerful world market [Marx/Engels] |
| 22599 | Hayek was a liberal, but mainly concerned with market freedom [Hayek, by Dunt] |
| 22600 | Impeding the market is likely to lead to extensive state control [Hayek] |
| 18641 | If people hold things legitimately, just distribution is simply the result of free exchanges [Nozick, by Kymlicka] |
| 18640 | Libertarians like the free market, but they also think that the free market is just [Kymlicka] |
| 9129 | I can buy any litre of water, but not every litre of water [Sorensen] |
| 20524 | Market prices indicate shortages and gluts, and where the profits are to be made [Wolff,J] |
| 20685 | No market is free of political bias, and markets need protection of their freedoms [Harari] |
| 23134 | A 'free' society implies a free market, which always produces predatory capitalism and inequalities [Gopnik] |