Question

what was karl marx's theory of socialism

Answer 1

karl marx argued that the industrial society was capitalist and the profit of capitalist was produced by workers. the conditions of waorkers could not improve till the profiy was accumulated by private capitalist .he believed that to overthrow capitalism workers had to construct a radically socialist society where all property was socially controlled.

Answer 2

Karl Marx theory:
1. he felt that the industrial society belonged to the capitalist.
2. capitalists owned the capital, invested in industries, but the profit was produced by workers.
3. he believed that the condition of workers would never improve,as long as profit is taken by the capitalists.
4. Marx believed that to free themselves from the capitalists' exploitation, workers have to form a socialist society where all property was socially controlled.