His analysis is based on the precept of man being a productive entity and that “all economic value comes from human labor.”

Marx speaks of capitalism as an unstable environment. He says that its development is accompanied by “increasing contradictions” and that the equilibrium of the system is precarious as it is to the internal pressures resulting from its development. Capitalism is too easy to tend to a downward spiral resulting in economic and social ruin. An example of the downward spiral in a capitalist society is inflation. Inflation involves too much currency in circulation. Because of inflation and the increase in prices of goods resulting from it, the people of the society hoard their money which, because that money is out of circulation, causes more money to be printed. The one increases the effect of the other and thus, the downward spiral. Marx views revolution with two perspectives. One takes the attitude that revolution should be a great uprising like that of the French revolution. The other “conception” is that of the “permanent revolution” involving a “provisional coalition” between the low and higher classes. However, an analysis of the Communist Manifesto shows inconsistencies between the relationship of permanent and violent revolution; that Marx did not exactly determine the exact relationship between these two yet.

Aside from the small inconsistencies in Marx’s philosophy, he exhibits sound ideas that do seem to work on paper but fail in the real world where millions of uncertainties contribute to the error in every social experiment on Earth. Communism never gets farther than socialism in its practice in the real world and that is where the fault lies, in the governments that try to cheat the system while still maintaining their ideal communist society.