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THE

THEORETICAL SYSTEM

OF

KARL MARX

IN THE LIGHT OF RECENT CRITICISM

BY

LOUIS B. BOUDIN, LL.M.

CHICAGO

CHARLES H. KERR & COMPANY

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The present volume is substantially a reprint of a series of articles which appeared in the International Socialist Review from May, 1905, to October, 1906.

It was my original intention to give in brief compass an account of the causes which called forth the so-called Revisionist movement, the questions raised thereby, and its net results, theoretical as well as practical. It soon became apparent to me, however, that such task was impossible of execution even within the space of twice the number (seven) of articles originally contemplated for the series, because of the extreme poverty of the English literature of the subject, and the consequent unpreparedness of our readers for such discussion. In treating of the causes of the Revisionist movement, the Neo-Kantian movement in latter-day philosophy had to be touched upon, but no mere reference or allusion to it would suffice because of the entire unfamiliarity of the English reader with that subject. The revision of Marxism could hardly be discussed with people who had but a bowing acquaintance with the doctrines of that famous system of thought.

I therefore concluded to present to the English reader, instead of an account of the movement to revise Marxism, an exposition of the teachings of Marx, and to draw upon the literature of Revisionism only in so far as it may become necessary or expedient in the course of such exposition, in order to accentuate some of its points or differentiate them from others with which they are likely to be confused. I have therefore refrained from entering here into any controversy with any revisionist Marx critic except in so far as was absolutely necessary for my purpose. And I hope at

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