What are Karl Marx and Friedrich Engels’s theories, outlined in their pamphlet The Communist Manifesto, concerning the nature of history, the character of capitalism, and the direction of future social and economic change?

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Question

What are Karl Marx and Friedrich Engels’s theories, outlined in their pamphlet The Communist Manifesto, concerning the nature of history, the character of capitalism, and the direction of future social and economic change? May their theories be mainly a reflection of certain intellectual trends and events in Europe in the eighteenth and nineteenth centuries and therefore no longer relevant? Or may they have correctly analyzed a fundamental problem of civilization, thus making their theories more relevant than ever?

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