What has been the concept of Marxist political thinkers regarding the economic condition of society?
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Concept of Marxist political thinkers regarding the economic condition of society
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- Marxism is a social, political, and economic hypothesis originated by Karl Marx, which centers around the struggle among capitalists and the workers.He accepted that this conflict would eventually prompt an insurgency in which the average workers would topple the industrialist class and hold onto control of the economy.
- From this point of view, capital and labour represent two opposing classes. The former is principally described by ownership for the means of production, while the latter contains free compensation workers in a twofold sense. They are free from authority over the methods for production and free – contrasted with the feudal framework – with sell their labour piower. Capital is integral to this and is principally sorted out to guarantee the productivity of contributed cash.
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