Perspectives On Property: Karl Marx

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Karl Marx was a revolutionary thinker with a revolutionary outlook on private property. However to examine Karl Marx's ideas about property it is important to delineate his perspectives about capitalism, as much of his work served as a radical critique of this modern economic order.

In Capital, Marx provides two essential features of the capitalist system (Arnold, p. 33, 1990). In Marx's reality of capitalism the worker's labor power is sold as a commodity. Marx also denotes that the worker is free as (a) he is the owner of his labor power and (b) he is also free from control or ownership of the means of production. This translates into two conditions: (i) the workers do not control the means of production, and (ii) Labor power is a commodity owned by the workers.

With these two important conditions being said,

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