

"Capitalism in Britain is broken and needs urgent reform because it is leaving young people worse off than their parents," The Telegraph newspaper said in an article on Sept. "The state of capitalism is in desperate need of reform and modernization." "So, yes, capitalism is at a crossroads," the newspaper said.

"The capitalist system we know is dominated by huge, unaccountable, global banks and corporations." "The problem for capitalism is that it doesn't feel like that any more," Marc Stears, chief executive of New Economics Foundation, was quoted as saying by the Guardian. "The revival of interest in Marxism, especially for young people, comes because it provides tools for analyzing capitalism, and especially capitalist crises such as the one we're in now," said an article published on July 4, 2012, by the British daily the Guardian. In short, the financial crisis undermined many Western voters' faith in capitalism because it exposed the perils of inadequately regulated markets. Their sales rose as British workers were struggling with debt and job insecurity. Sales of the "Communist Manifesto" have soared ever since 2008, when the global financial crisis broke out, as have those of "Das Kapital," Marx's masterpiece of political economy, and the "Grundrisse," which in English is the "Outlines of the Critique of Political Economy." Waterstones, a British book retailer, sold more than 30,000 copies of the Manifesto within a week in late February 2015. The German text, first published at 46 Liverpool Street in central London, has been translated into more than 1,000 versions in over 200 languages, including 23 versions in Chinese.Ī revival of interest in Marx and Marxist thought was recently reported in Britain, the birthplace of Marxism.

At the same time, it has been long described as "a glorious dawn in human spiritual history" and "a spiritual home for Communists." Since it was brought to public notice, the "Communist Manifesto" has been so far the world's most widely read political document. It has been serving as a guiding principle for the Communist movement and has profoundly changed the world. The "Communist Manifesto," originally known as the "Manifesto of the Communist Party," was written by German philosophers Karl Marx and Friedrich Engels. 23 (Xinhua) - One hundred and seventy years after the "Communist Manifesto" was first published in February 1848, it is still being recognized today by many people in Britain and other Western countries as a relevant tool to analyze capitalism's shortcomings and human development path.
