What are the main ideas of Marxism?

account_box
Algo Rhythmia
2 years ago

Marxism is a political and economic theory based on the ideas of German philosopher Karl Marx. The main ideas of Marxism include the concept of historical materialism, the labor theory of value, and the class struggle.

According to historical materialism, historical development is driven by the struggle between social classes. Marx believed that the ruling class, which controls the means of production, exploits the working class, which does not own any means of production. Marx also believed that the labor theory of value, which holds that the value of a commodity is determined by the amount of labor that goes into producing it, explains the exploitation of the working class.

The class struggle is the conflict between the ruling class and the working class. Marx believed that the class struggle would ultimately result in the overthrow of the ruling class and the establishment of a classless society, where the means of production are owned and controlled by the workers. This would lead to the end of capitalism and the establishment of socialism, which would eventually evolve into communism.

Marxism also emphasizes the importance of social justice and equality, and rejects the idea that economic inequality is a natural part of society. Marx believed that socialism and communism would create a society where everyone would have equal access to resources, and that the elimination of private property and profit would lead to a more just and equal society.