Werner Sombart (1896), Socialism and the Social System NY: Dutton and Sons, translated by M. Epstein, p. 87.
“
It had to be admitted in the end that Marx had made mistakes on many points of importance.
— Werner Sombart
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "It had to be admitted in the end that Marx had made mistakes on many points of importance." in the context of "Werner Sombart (1896), Socialism and the Social System NY: Dutton and Sons, translated by M. Epstein, p. 87." to mean that wisdom is timeless.
Source: Wikiquote: "Karl Marx" (Quotes about Marx: Alphabetized by author )
The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
About Karl Marx
Karl Heinrich Marx (5 May 1818 – 14 March 1883) was a German political philosopher, economist, historian, sociologist, journalist and revolutionary socialist. Marx's work in economics laid the basis for labor theory of value, and has influenced much of subsequent economic thought. He published many works during his lifetime, including The Communist Manifesto (1848) and the first volume of Das Kapital (1867), the two later volumes being completed by his collaborator Friedrich Engels.
About Karl Marx
Karl Heinrich Marx (5 May 1818 – 14 March 1883) was a German political philosopher, economist, historian, sociologist, journalist and revolutionary socialist. Marx's work in economics laid the basis for labor theory of value, and has influenced much of subsequent economic thought. He published many works during his lifetime, including The Communist Manifesto (1848) and the first volume of Das Kapital (1867), the two later volumes being completed by his collaborator Friedrich Engels.
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