Question

Is Marxism relevant today? Explain

Answer 1

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$<b>$The latest protagonist of critique of capitalism, Thomas Piketty, has highlighted the growth of inequality, which is a speaking point today in all the seminars with the acceptance that capitalism has ended up being self-serving (as would be applauded positively by Adam Smith, who believed in self-interest).

It is not surprising that the 200th anniversary of Karl Marx, May 5, has gone past without much ado. Marxism, per se, is almost an anachronism today, with the ideology withering gradually away ever since the fall of the Berlin Wall and the breakup of the erstwhile USSR (Union of Soviet Socialist Republics). Even the electorates of some of the die-hard communist-led states in the country are having second thoughts.

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Answer 2

Marxism is a theory based on class differences and social inequality in the society

Explanation:

The social inequality and class system has been part of this world for a long time

In today's time, society is still divided into high and low classes

Marxism is still relevant to the modern times

It focuses on a societal structure where everyone benefits and there is no high and low class

Learn more about Marxism here:

Describe the ideas of karl marx

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