Transcriber's Note:

A Table of Contents has been added.


cover

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KARL MARX

A SKETCH

BY

ACHILLE LORIA


title page

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KARL MARX

BY
ACHILLE LORIA

AUTHORISED TRANSLATION FROM THE ITALIAN
WITH A FOREWORD

BY
EDEN & CEDAR PAUL

logo

New York
THOMAS SELTZER
1920


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Copyright, 1920,
By Thomas Seltzer, Inc.

————
All Rights Reserved

Printed in the United States of America


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The socialism that inspires hopes and fears to-day is of the school ofMarx. No one is seriously apprehensive of any other so-calledsocialistic movement, and no one is seriously concerned to criticise orrefute the doctrines set forth by any other school of "socialists."


CONTENTS

    Page
FOREWARD7
CHAPTER I57
CHAPTER II73
CHAPTER III87
CHAPTER IV112
CHAPTER V145

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FOREWORD

BY

EDEN AND CEDAR PAUL


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FOREWORD

It has been said that the professional and professorial exponents ofeconomic science confine themselves to variants of a single theme.Usually belonging to the master class by birth and education, and at anyrate attached to that class by the ties of economic interest, they areever guided by the conscious or subconscious aim of providing atheoretical justification for the capitalist system, and their lives aredevoted to inculcating the art of extracting honey from the hive withoutalarming the bees. Achille Loria is an exception to this generalisation.Professor of political economy at Turin, and one of the most learnedeconomists of the day, he is anything but an apologist for the bourgeoiseconomy. With[Pg 10] the exception of the first volume of Marx's Capital, nomore telling indictment of capitalism has ever been penned than Loria'sAnalysis of Capitalist Property (1889).

This gigantic work has not

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