Karl Marx was a German philosopher and economist born in 1818 who developed the theories of Marxism, socialism, and communism. He believed that capitalism inevitably leads to conflict between the bourgeoisie (the owners of capital) and the proletariat (workers), and that this conflict would lead to a socialist and eventually communist society without social classes. Some of Marx's key concepts were that capitalism relies on the exploitation of the working class, that workers are alienated from their labor under capitalism, and that there is an inherent class struggle between the bourgeoisie and proletariat. Marxism is the body of work developed by Marx analyzing history and society in terms of class struggle and economic determinism.
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Presented by Nabeena Khatri
Karl Marx was a German philosopher and economist born in 1818 who developed the theories of Marxism, socialism, and communism. He believed that capitalism inevitably leads to conflict between the bourgeoisie (the owners of capital) and the proletariat (workers), and that this conflict would lead to a socialist and eventually communist society without social classes. Some of Marx's key concepts were that capitalism relies on the exploitation of the working class, that workers are alienated from their labor under capitalism, and that there is an inherent class struggle between the bourgeoisie and proletariat. Marxism is the body of work developed by Marx analyzing history and society in terms of class struggle and economic determinism.
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Karl Marx
Presented by; Nabeena Khatri History
• Karl Marx was born on May 5th 1818 in Trier,
Germany. • He was raised in a middle class, working family. • Karl Marx is a philosopher, political theorist, social scientist, historian, and a revolutionary. • Marxism is the system of thought development by Karl Marx. Marx Theory Basically, Marx meant that if one is in the upper class, life was one of the leisure and abundance, while those in a lower class lived life of hardship and poverty. According to Karl Marx the important concepts are; Capitalism: Marx believed that capitalism is not only an economic system but is also a political system.
Class struggles : Marx believed that conflict
produces class and inherently class produce conflict. • Exploitation: Marx believed that capitalism can only thrive exploitation of the working class.
• Alienation: the workers are forced to sell their
labor to the capitalists in order to survive. MARXISM THEORY The collective understanding of all those theories related to society, economics & politics is called as Marxism.
Communism: It is the state of having key means of
production owned in common without class.
Socialism: Is an intermediate transition state where
a social revolution is required to get to communism. Thank You
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