Marx believed that the collapse of capitalism was inevitable because it had within itself the flaws that would destroy itself. The basic flaw was that the type of capitalism that modern industrialization created cause two separate social classes to form. These were the bourgeoisie, who were the owners and controllers of the means of production, and the proletariat, who were the common workers. These classes were naturally at odds with one another and as capitalism grew, it would create more and more common laborers until they would so outnumber the bourgeoisie and be so tired of oppression that it would revolt against the bourgeoisie and overthrow it as the dominant class. Marx felt this would happen no matter what was done to stop it.
Capitalism has not destroyed itself, not entirely and not yet, though many economists, even conservative economists, are beginning to opine that the redistribution of wealth from the many to the wealthiest few is behind the current global economic crisis, as a consumer-driven economy ceases to function when money no longer circulates. This leads to the loss of jobs, the erosion of the middle class, and greater unemployment...
The belief that economical laws determine the course of history- Self-preservation or the pursuit of food, clothing, and shelter is the supreme instinct in man. Therefore, the argument in favor of economic determinism says, it is natural to expect that the overwhelming amount of the decisions made by people will involve their pursuit of food, clothing, and shelter. Furthermore, it is predictable that these decisions will be made in such a way that they will favor acquisition of food, clothing, or shelter. A decision made by an individual against food, clothing, or shelter would clearly be against that persons interest and would clearly be uncommon if not rare. In as much as food, clothing, and shelter are commodities which are bought, sold and/or traded in society. The pursuit of these commodities is an economic activity. the history of the world—was seen as moving in a complext dialectical process— that is, as a progression in which each successive movement emerges as a solution to the contradictions inherent in the preceding movement. History, however, progresses because this is the only way it can work—moving to a radical position, a negation and then a realization/integration of the ideas into thought and action. Contradiction and negation have a dynamic quality that at every point in each domain of reality—consciousness, histor, philosophy, art, nature, society—leads to further development until a rational unity is reached that preserves the contradictions as phases and sub-parts by lifting them up to a higher unity.
Hegel's main philosophical project was to take these contradictions and tensions and interpret them as part of a comprehensive, evolving, rational unity that, in different contexts, he called "the absolute idea" or "absolute knowledge of God". According to Hegel, the main characteristic of this unity was that it evolved through and manifested itself in contradiction and negation.