Question

Explain Karl Marx's Class Theory?​

Answer 1

Answer:

The theory of class is at the centre of Marx’s social theory, for it is the social classes formed within a particular mode of production that tend to establish a particular form of state, animate political conflicts, and bring about major changes in the structure of society. In relation to property, there are three great classes of society: the bourgeoisie (who own the means of production such as machinery and factory buildings, and whose source of income is profit), landowners (whose income is rent), and the proletariat (who own their labor and sell it for a wage). Marx sought to define class as embedded in productive relations rather than social status. His political and economic thought developed towards an interest in production, which became a central theme in his concept of class.

Explanation: