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    Marxism in A Nutshell

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    Noreen Araneta
    Karl Marx was a 19th century philosopher who developed the theory of Marxism in response to the harsh realities of industrial capitalism. He argued that under capitalism, the bourgeoisie owners would exploit the proletariat workers, leading to an inevitable class struggle and workers' revolt. Marx believed this would lead to socialism, where the government would distribute resources equally and create a classless society. Eventually, communism would be achieved, with very few or no conflicts and no need for government as people openly shared resources.

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    Marxism in A Nutshell

    Uploaded by

    Noreen Araneta
    258 views2 pages
    Karl Marx was a 19th century philosopher who developed the theory of Marxism in response to the harsh realities of industrial capitalism. He argued that under capitalism, the bourgeoisie owners would exploit the proletariat workers, leading to an inevitable class struggle and workers' revolt. Marx believed this would lead to socialism, where the government would distribute resources equally and create a classless society. Eventually, communism would be achieved, with very few or no conflicts and no need for government as people openly shared resources.

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    Marxism in a Nutshell

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    Karl Marx was a 19th century philosopher who developed the theory of Marxism in response to the harsh realities of industrial capitalism. He argued that under capitalism, the bourgeoisie owners would exploit the proletariat workers, leading to an inevitable class struggle and workers' revolt. Marx believed this would lead to socialism, where the government would distribute resources equally and create a classless society. Eventually, communism would be achieved, with very few or no conflicts and no need for government as people openly shared resources.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    258 views2 pages

    Marxism in A Nutshell

    Uploaded by

    Noreen Araneta
    Karl Marx was a 19th century philosopher who developed the theory of Marxism in response to the harsh realities of industrial capitalism. He argued that under capitalism, the bourgeoisie owners would exploit the proletariat workers, leading to an inevitable class struggle and workers' revolt. Marx believed this would lead to socialism, where the government would distribute resources equally and create a classless society. Eventually, communism would be achieved, with very few or no conflicts and no need for government as people openly shared resources.

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    Download as PDF, TXT or read online from Scribd
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    MARXISM IN A NUTSHELL:

    Socialism as a response to industrial capitalism


    Socialism developed as a response to the very harsh
    realities of industrial capitalism. Marxism was a specific
    type of socialism that came later (1850s-1880s).

    Karl Marx was a philosopher of economics born in the


    German states in 1818.

    Marx witnessed the capitalism of the early Industrial


    Revolution, in which privately owned industries
    competed for profit with few or no government rules to
    protect workers or consumers.

    Such capitalist systems, Marx argued, created a class


    struggle between the rich factory owners
    KARL MARX
    (bourgeoisie) and the working class (proletariat).
    Marx wrote very many books
    about his theories, including
    Marx said the inevitable (unavoidable) result (in the
    the large book titled Capital.
    future) of this class struggle would be a workers’
    Much of his work criticized the
    extremes of industrialization. revolt against the owners.
    MARXISM IN A NUTSHELL:
    Socialism and communism
    In their pamphlet The Communist Manifesto (published in 1848), Marx and co-
    author Friedrich Engels encouraged the workers of the world to rise up as a class
    and defeat the wealthy capitalists who were exploiting them.

    Marx believed that the workers, once in power (after the revolution), would create a
    new economic system - socialism - in which resources would be distributed
    equally by the government to create a classless society.

    After a few generations of people living under the benefits of a socialist system
    focused on cooperation and sharing, people would learn to work for equality rather
    than for personal greed and profit.

    Eventually, he said, the need for government itself would fade away because
    people would live by openly sharing their resources (with very few or no conflicts).
    Marx called this final goal of an industrial workers’ revolution - one that would
    naturally and unavoidably occur in all industrial societies - communism (a
    classless society without a government).
    Marx’s stages of society:
    FEUDALISM > CAPITALISM > SOCIALISM > COMMUNISM

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