Question

Explain the main ideas of Karl Marx on socialism

Answer 1

Karl Marx (1818-1883) and Friedrich Engels (1820-1895) added other ideas to this body of arguments. Marx argued that industrial society was ‘capitalist’. Capitalists owned the capital invested in factories, and the profit of capitalists was produced by workers. The conditions of workers could not improve as long as this profit was accumulated by private capitalists. Workers had to overthrow capitalism and the rule of private property. Marx believed that to free themselves from capitalist exploitation, workers had to construct a radically socialist society where all property was socially controlled. This would be a communist society. He was convinced that workers would triumph in their conflict with capitalists. A communist society was the natural society of the future.
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Answer 2

Marx's most popular theory was "historical materialism', arguing that history is the result of material conditions, rather than ideas. He believed that religion, morality, social structures and other things are all rooted in economics. In his later life he was more tolerant of religion

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