explain karl marx class theory
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Karl Marx's theories. Marx believed that all historical change was caused by a series of class struggles between the bourgeoisie 'haves' and the proletariat 'have nots'. Capitalism describes an economic system in which the means of production (such as factories) are privately owned. ... They are capitalists.
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Class structure of capitalism. 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 largerproletariat (or 'working class') who must sell their own labour power
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Marx’s class theory is partly a reaction to thinkers like Hegel, Mill, Locke, Smith, and Ricardo
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