Quote by Karl Marx

Colonial system, public debts, heavy taxes, protection, commercial wars, etc., these offshoots of the period of manufacture swell to gigantic proportions during the period of infancy of large-scale industry. The birth of the latter is celebrated by a vast, Hero-like slaughter of the innocents.

Colonial system, public debts, heavy taxes, protection, comm

Summary

This quote by Karl Marx highlights the negative consequences of the advent of large-scale industry during the early stages of capitalism. Marx argues that the colonial system, public debts, heavy taxes, protectionism, and commercial wars are all interconnected issues that arise as a result of the dominant form of production shifting from feudalism to capitalism. Furthermore, Marx uses a metaphorical reference to the biblical story of the massacre of innocent children by King Herod to illustrate the impact of this transition, suggesting that the birth of capitalism involves significant sacrifices and suffering.

Topics

Industry

By Karl Marx

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