explain karl marx's theory of socialism
Answers
It would be more accurate to say that Karl Marx has a theory of history rather than a theory of socialism. In his theory of history, socialism is a major part. Marx’s theory of history is that all human history is the history of class struggle. The final confrontation is between the bourgeoisie or capitalist class and the proletariat or the working class. The initial outcome of this struggle is socialism. Socialism is a period of the dictatorship of the proletariat, a period of proletariat rule that supposedly leads to the dissolution of the state and the realization of full communism.
Marx has a theory of history and not a theory of socialism because he refused to speculate on how precisely a socialist economy and social order would operate and instead left this for actual events to determine I hope this helps you
Answer:
In Marxist theory, socialism (also called the socialist mode of production) refers to a specific historical phase of economic development and its corresponding set of social relations that supersede capitalism in the schema of historical materialism.
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