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By Marx's own admission he was paying interest rates as high as 50% in 1866, when he was 48 years of age.<ref>Karl Marx, [http://www.marxists.org/archive/marx/works/1866/letters/66_10_13.htm Marx To Ludwig Kugelmann, 13 October 1866], ''Collected Works'' (Moscow: Progress Publishers, 1975), Volume 42, p. 327</ref> Perhaps not coincidentally, a "passionate hatred of usury was the real emotional dynamic of [Marx's] whole moral philosophy," argues historian Paul Johnson. "It explains why he devoted so much time and space to the subject" and, suggests Johnson, might be found "lying perhaps at the very roots of his hatred for the capitalist system."<ref>Paul Johnson, ''[http://books.google.com/books?id=GTqHpZech0YC Intellectuals: From Marx and Tolstoy to Sartre and Chomsky]'' (HarperCollins, 2007) ISBN 0061253170), p. 73</ref>

By Marx's own admission he was paying interest rates as high as 50% in 1866, when he was 48 years of age.<ref>Karl Marx, [http://www.marxists.org/archive/marx/works/1866/letters/66_10_13.htm Marx To Ludwig Kugelmann, 13 October 1866], ''Collected Works'' (Moscow: Progress Publishers, 1975), Volume 42, p. 327</ref> Perhaps not coincidentally, a "passionate hatred of usury was the real emotional dynamic of [Marx's] whole moral philosophy," argues historian Paul Johnson. "It explains why he devoted so much time and space to the subject" and, suggests Johnson, might be found "lying perhaps at the very roots of his hatred for the capitalist system."<ref>Paul Johnson, ''[http://books.google.com/books?id=GTqHpZech0YC Intellectuals: From Marx and Tolstoy to Sartre and Chomsky]'' (HarperCollins, 2007) ISBN 0061253170), p. 73</ref>

In 1869, Marx told Engels he was £210 in debt (the equivalent of nearly $24,000 today),<ref>£210 in 1869 is equivalent to [http://www.measuringworth.com/ppoweruk/ £15,100], using retail price index ([http://www.x-rates.com/calculator.html $23,904]) today.<ref> "of which about 75 are for pawnshop and interest."<ref>Quoted by Otto Ruhle, ''Karl Marx: His Life and Work'' (New York: Now Home Library, 1942; reprint: Lightning Source Inc, 2007) ISBN 1406727024, p. 360</ref> That year, Engels sold his interest in the family firm and paid off all Marx's debts; in addition, Engels gave Marx a pension of £350 per year,<ref>F.Engels to Karl Marx, March 28, 1869: “Enclosed draft on the Union Bank of London £87–10s for March to June” (ie £350 per annum) in ''Gesamtausgabe'' [Collected Works], Part III, Vol. 3, p. 173, as cited in William Otto Henderson, ''[http://books.google.com/books?id=a9BvGA43rAQC Marx and Engels and the English workers: and other essays]'' (Psychology Press, 1989) ISBN 0714633348, p. 26, n. 41. The Marxists Internet Archive has apparently [http://www.marxists.org/archive/marx/works/1869/letters/index.htm not yet found the time] to post this letter.</ref> equivalent to an income of more than $178,000 today.<ref>Using [http://www.measuringworth.com/ukcompare/ average income].</ref> According to Maltsev (using figures from an 1867 study presented to the Statistical Society of London),<ref>R. Dudley Baxter, ''[http://books.google.com/books?id=gnI8AAAAcAAJ National income: the United Kingdom] (London: Macmillan and co, 1868)</ref> that put Marx's income in the top 2% of the British population&mdash;at the time the wealthiest in the world.<ref>Yuri N. Maltsev, ''[http://books.google.com/books?id=gx0X4NvNE_gC Requiem for Marx]'' (Auburn, AL: Ludwig Von Mises Institute, 1993) ISBN 1610161165, p. 103</ref> Yet even this sum was not enough for Marx, who by his own admission was spending from £400 to £500 per year,<ref>Marx to Kugelmann, 17 March 1868, ''[http://books.google.com/books?id=sgwQAQAAIAAJ Letters to Kugelmann]'' (Greenwood Press, 1973) ISBN 0837170451, p. 65. This is yet another letter the text of which is [http://www.marxists.org/archive/marx/letters/kug/index.htm missing] [http://www.marxists.org/archive/marx/works/1868/letters/index.htm from] the Marxists Internet Archive.</ref> the income-equivalent of $300,0000-$400,000 per year today.

In 1869, Marx told Engels he was £210 in debt (the equivalent of nearly $24,000 today),<ref>£210 in 1869 is equivalent to [http://www.measuringworth.com/ppoweruk/ £15,100], using retail price index ([http://www.x-rates.com/calculator.html $23,904]) today.</ref> "of which about 75 are for pawnshop and interest."<ref>Quoted by Otto Ruhle, ''Karl Marx: His Life and Work'' (New York: Now Home Library, 1942; reprint: Lightning Source Inc, 2007) ISBN 1406727024, p. 360</ref> That year, Engels sold his interest in the family firm and paid off all Marx's debts; in addition, Engels gave Marx a pension of £350 per year,<ref>F.Engels to Karl Marx, March 28, 1869: “Enclosed draft on the Union Bank of London £87–10s for March to June” (ie £350 per annum) in ''Gesamtausgabe'' [Collected Works], Part III, Vol. 3, p. 173, as cited in William Otto Henderson, ''[http://books.google.com/books?id=a9BvGA43rAQC Marx and Engels and the English workers: and other essays]'' (Psychology Press, 1989) ISBN 0714633348, p. 26, n. 41. The Marxists Internet Archive has apparently [http://www.marxists.org/archive/marx/works/1869/letters/index.htm not yet found the time] to post this letter.</ref> equivalent to an income of more than $178,000 today.<ref>Using [http://www.measuringworth.com/ukcompare/ average income].</ref> According to Maltsev (using figures from an 1867 study presented to the Statistical Society of London),<ref>R. Dudley Baxter, ''[http://books.google.com/books?id=gnI8AAAAcAAJ National income: the United Kingdom] (London: Macmillan and co, 1868)</ref> that put Marx's income in the top 2% of the British population&mdash;at the time the wealthiest in the world.<ref>Yuri N. Maltsev, ''[http://books.google.com/books?id=gx0X4NvNE_gC Requiem for Marx]'' (Auburn, AL: Ludwig Von Mises Institute, 1993) ISBN 1610161165, p. 103</ref> Yet even this sum was not enough for Marx, who by his own admission was spending from £400 to £500 per year,<ref>Marx to Kugelmann, 17 March 1868, ''[http://books.google.com/books?id=sgwQAQAAIAAJ Letters to Kugelmann]'' (Greenwood Press, 1973) ISBN 0837170451, p. 65. This is yet another letter the text of which is [http://www.marxists.org/archive/marx/letters/kug/index.htm missing] [http://www.marxists.org/archive/marx/works/1868/letters/index.htm from] the Marxists Internet Archive.</ref> the income-equivalent of $300,0000-$400,000 per year today.

==Marx's anti-Semitism and racism==

==Marx's anti-Semitism and racism==