Question

mention two features of Karl Marx theory of socialism .

Answer 1

$\huge \pink{ram \: ram \: ji.....} \\ \\ \\ \huge \boxed{ = ans. = > }$

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.

$\huge \red{hope \: it \: helps \: uh \: }$

Answer 2

1.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.

2. Marxian economics is based on of the work of Karl Marx, which focuses on the role of labor in the development of an economy. Socialism is an economic and political system based on public or collective ownership of the means of production, which emphasizes equality rather than achievement.