His analysis is based on the precept of man being a productive entity and that all economic value comes from human labor. Marx speaks of capitalism as an unstable environment. He says that its development is accompanied by increasing contradictions and that the equilibrium of the system is precarious as it is to the internal pressures resulting from its development. Capitalism is too easy to tend to a downward spiral resulting in economic and social ruin. An example of the downward spiral in a capitalist society is inflation.
Inflation involves too much currency in circulation.
Because of inflation and the increase in prices of goods resulting from it, the people of the society hoard their money which, because that money is out of circulation, causes more money to be printed. The one increases the effect of the other and thus, the downward spiral. Marx views revolution with two perspectives. One takes the attitude that revolution should be a great uprising like that of the French revolution. The other conception is that of the permanent revolution involving a provisional coalition between the low and higher classes.