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CAPITALISM AND EMPIRES: NEW ECONOMICS/OLD POLITICS
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Marx's theory of history

The Marxist theory of historical materialism sees human society as fundamentally determined at any given time by the material conditions – in other words, the relationships which people have with each other in order to fulfil basic needs such as feeding, clothing and housing themselves and their families. Overall, Marx and Engels claimed to have identified five successive stages of the development of these material conditions in Western Europe. In contrast to many of his followers, Marx made no claim to have produced a master key to history, but rather considered his work a concrete study of the actual conditions that pertained in Europe. As he put it, historical materialism is not ""an historico-philosophic theory of the marche generale imposed by fate upon every people, whatever the historic circumstances in which it finds itself.""
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