There are few individuals who shaped the discourse in the first half of the 20th century as Karl Marx did with his Das Kapital and The Communist Manifesto. Several worlds governments, whose inhabitants and geography included more than a fifth of...

Capitalism as we used to know it is on its deathbed. And those who predicted that the old brand, the unfettered, American-promoted system, was a danger to the world, are being vindicated. They include Karl Marx, whose thinking on banks seems oddly...