On May 5th, 1818, Karl Marx, hero of the international proletatiat, was born. His revolution of Socialist theory reverberates throughout the world carries on to this day, in increasing magnitude. Every passing day, he is vindicated. His analysis of Capitalism, development of the theory of Scientific Socialism, and advancements on dialectics to become Dialectical Materialism, have all played a key role in the past century, and have remained ever-more relevant throughout.
He didn't always rock his famous beard, when he was younger he was clean shaven!
Wrong, capitalism when government doesn't do stuff. Naturally socialism is when government does stuff, and when government does a lot of stuff its communism.
Capitalism is private ownership of the means of production, i.e. machines, land, factories, companies, capital. Capitalism doesn’t even need a free market. In practice it always tries to control the market in the form of regulatory capture, cartels, oligopolies, and monopolies, because they are more profitable.
Private property existed beforehand, Means of productions obviously did. But explicit private property of the means of production is a relatively new invention.
I fail to see a distinction between a Lord owning a farm with a mill that produced flour and a capitalist owning a factory that produces flour.
Feudalism isn't exactly capitalism but it's splitting hairs. Nor do I agree with Engels that serfs had it better because it was in their Lord's interests. If that was the case then a Capitalist would treat it's workers better as well.
I fail to see a distinction between a Lord owning a farm with a mill that produced flour and a capitalist owning a factory that produces flour.
The difference is that a feudal lord didn't sell the flour for profit which he invested to buy more farmland (that's the M -> C -> M' process Marx explains in "das Kapital"). You couldn't buy land in feudal times.
Nor do I agree with Engels that serfs had it better because it was in their Lord's interests. If that was the case then a Capitalist would treat it's workers better as well.
You don't need to agree with Engels. The industrial revolution lead to a stark, tangible decrease in living conditions for the proletariat/former serfs. That's just a historical fact.
In the medieval book, The Aristocracy in the County of Champagne, 1100-1300 (2007), Theodore Evergates dedicates an entire section to 'The Market in Fiefs'
Land was bought and sold all the time by lords.
The industrial revolution lead to a stark, tangible decrease in living conditions for the proletariat/former serfs. That's just a historical fact.
The serfs left the farm because for all its hardships, it was better. They could have gone back but didn't. The bigger factor reducing quality of life was population growth.
In the medieval book, The Aristocracy in the County of Champagne, 1100-1300 (2007), Theodore Evergates dedicates an entire section to 'The Market in Fiefs'
So... where were the medieval capitalists? O.o
The serfs left the farm because for all its hardships, it was better. They could have gone back but didn't.
Nope, the enclosure of the commons prohibited the serfs to come back. If living conditions were so much better in the proletariat, the conditions wouldn't have led to several revolutions.