Question

6. Answer the following in detail,
(1) Explain Karl Marx's 'Class Theory'.
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Answer 1

Answer:

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Explanation:

In Marxist theory, the capitalist stage of production consists of two main classes: the bourgeoisie, the capitalists who own the means of production, and the much larger proletariat (or 'working class') who must sell their own labour power (See also: wage labour).