explain the concept of Karl Marx about socialist society
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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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In Marxist theory, socialism also termed as the socialist mode of production attributes to a particular classical phase of commercial evolution and its identical set of social connections which succeed laissez-faire in the schema of historical materialism.
The social relationships of socialism are described by the working group efficiently controlling the means of production and the means of their subsistence, either through collective actions or by common control or individual artisan tools and self-management, so that the cultural surplus accumulates to the working class and community as a whole.
The social relationships of socialism are described by the working group efficiently controlling the means of production and the means of their subsistence, either through collective actions or by common control or individual artisan tools and self-management, so that the cultural surplus accumulates to the working class and community as a whole.
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