Today, 5th May, is the 194th birth anniversary of Karl Marx, the greatest philosopher the world has ever seen. He was born in 1818 on this day. He along with Frederich Engels wrote ‘The Capital’, which analysed the social relations, the role of the working class and were the founders of socialism and Communism. Their theories were put in to practice by Lenin who formed the Union of Soviet Socialist Republic (USSR). Although USSR has collapsed later, the communist countries like China, Cuba, Vietnam and N.Korea continue as Communist countries and have charted their growth through the implementation of Marxism.
The capitalist theoreticians declared that Marxism is dead after the collapse of USSR in the 1990s. But after the 2007 recession, the world has again started reading Marx and his theories.
It is interesting to note that the French Revolution which started on 5th May, 29 years earlier in 1989, which put an end to the monarchy in France for a decade, had considerable influence on Marx in preparing his writings.
We pay respectful homage to the memory of Karl Marx!