Question

what was the basic principles of the Marxist theory
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Answer 1

Answer:

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.

Answer 2

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Opposition to an economic system based on inequality and on the alienation and exploitation of the majority (by means of the system of wage labor), a system whose purpose is to obtain profits for some people rather than satisfying the needs of all.