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Karl Marx is significant because he fundamentally shaped modern social, political, and economic thought through his critique of capitalism and his theories on class struggle, historical materialism, and the role of labor in society. His seminal works, including "The Communist Manifesto" and "Das Kapital," laid the groundwork for Marxist theory, influencing various political movements and ideologies worldwide. Marx's ideas have inspired revolutions and continue to provoke debate about inequality, exploitation, and the nature of societal progress. His impact extends beyond economics, influencing sociology, philosophy, and cultural studies.

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