Achievement Quote by Joseph A. Schumpeter

Karl Marx predicted the eventual withering away of the state and the 'dictatorship of the proletariat,' when the people would rule, which was sheer…

— David Limbaugh

Marx, as we have seen, solved it by declaring capital to be a different thing from product, and maintaining that it belonged to society…

— Benjamin Tucker

The most compelling confirmation of Marx's theory of history is late capitalist society. There is a sense in which this case is becoming truer…

— Terry Eagleton

“While it is absurd to blame Marx for something he did not foresee and certainly would have condemned if he had foreseen it, the…

— Peter Singer

Could there be a better answer to the stupidity of Karl Marx than millions of workers individually sharing in the ownership of the means…

— Ronald Reagan

There is one good thing about Marx: he was not a Keynesian.

— Murray Rothbard

“Marxism was and is a class analysis, pitting economic classes against each other in a zero-sum competition. In that competition, the stronger parties would…

— Stephen R.C. Hicks

Marx's theory that only capitalists benefit from capitalism and workers are exploited was completely wrong. Nothing could have been further from the truth. Workers…

— Kenneth Rogoff

Clearly no working class movement ever came about that was able to do what Marx was hoping for.

— Allen W. Wood

“...Marx was constrained to think within a horizon torn between the aleatory of the Encounter and the necessity of the Revolution.”

— Louis Althusser

The point, as Marx saw it, is that dreams never come true.

— Hannah Arendt

Capitalism created the possibility of employment.

— Friedrich August von Hayek