Question

who was Karl Marx what was his theory of socialism

Answer 1

Karl Marx was a communist who introduced the concept of socialism .
Karl Marx Theory :-
→ He felts that the industrial society belonged to the capitalists .
→ Capitalists owned the capital invested in industries , but the profit was produced by workers .
→ He believed that the condition of workers would never improve , as long as profit is taken by the capitalists .
→ Marx believed that to free themselves from the capitalists exploitation workers had to form a socialist society where all property was socially controlled.
→ This would be a communist society .