what was the basic principles of marxist theory
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Marxist Theory (or "Marxist Ideology") argued that profit margins are actually largely located in labor, thus labor has economic value. Capital may belong to the capitalist, but labor belongs to each man or woman him or herself.
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what was the basic principles of marxist theory?
Ans: Marxists believe that economic and social conditions, and especially the class relations that derive from them, affect every aspect of an individual's life, from religious beliefs to legal systems to cultural frameworks.
or
Marxist Theory (or "Marxist Ideology") argued that profit margins are actually largely located in labor, thus labor has economic value. Capital may belong to the capitalist, but labor belongs to each man or woman him or herself.
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