James Meade vs. Karl Marx
Side-by-side comparison of two thinkers
James Meade
1907 – 1995
James Edward Meade FBA was a British economist who made major contributions to the theory of international trade and welfare economics. Along with Richard Kahn, James Meade helped develop the concept of the Keynesian multiplier while participating in the Cambridge circus. In the 1930s, he served as specialist adviser on behalf of the British government at the Economic and Financial Organization of the League of Nations.
"The frontiers of knowledge in the various fields of our subject are expanding at such a rate that, work as hard as one can, one finds oneself further and furthe…"
Karl Marx
1867 – 1894
Karl Marx was a German philosopher, social and political theorist, economist, journalist, and revolutionary socialist. He is best-known for the 1848 pamphlet The Communist Manifesto, and his three-volume Das Kapital (1867–1894), a critique of classical political economy which employs his theory of historical materialism in an analysis of capitalism, in the culmination of his life's work. Marx's ideas and their subsequent development, collectively known as Marxism, have had enormous influence.
"In a higher phase of communist society, after the enslaving subordination of the individual to the division of labor, and therewith also the antithesis between …"
Connections
Both wrote about: