What is the Marxist Economic System?
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Heya your answer goes like this
In a capitalist system, Marx believed that the society was made up of two classes, the bourgeoisie, or business owners who control the means of production, and the proletariat, or workers whose labor transforms raw commodities into valuable economic goods.
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For Marxists, the economic system determines laws, the type of government, and the role of society in day-to-day life. While most would agree that an economic system affects these areas to some extent, Marxists claim that it dictates their precise character.
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