describe the condition of the Karl Marx is a socialist who is against private property workers under tsar Nicholas in Russia
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Like the other classical economists, Karl Marx believed in the labor theory of value to explain relative differences in market prices. This theory stated that the value of a produced economic good can be measured objectively by the average number of labor-hours required to produce it.
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Karl Marx asserted that all elements of a society's structuredepend on itz economic structure .Additionly Marx saw conflict in society as the primary means of change .Economically he was conflict existing between the owners of the means of production the bourgeoisie and the labours called the proletariat
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