Capital emerged on the stage of history “dripping blood from every pore” – to use Marx’s famous words. Josh Holroyd describes the violent and tumultuous birth of capitalism out of the embers of feudal society.
100 years ago, the masses in Russia - led by the Bolsheviks - took power. For Marxists, this is undoubtedly the greatest event in human history; the first time - with the brief exception of the Paris Commune - when the oppressed and exploited rose up and overthrew the old order.
Historical Materialism is the application of Marxist science to historical development. The fundamental proposition of historical materialism can be summed up in a sentence: "it is not the consciousness of men that determines their existence, but, on the contrary, their social existence that determines their consciousness." (Marx, in the Preface to A Contribution to the Critique of Political Economy.)