Definition of Marxism:
Marxism is a social, political, and economic philosophy named after Karl Marx, which examines the effect of capitalism on labor, productivity, and economic development and argues for a worker revolution to overturn capitalism in favor of communism. Marxism posits that the struggle between social classes, specifically between the bourgeoisie, or capitalists, and the proletariat, or workers, defines economic relations in a capitalist economy and will inevitably lead to revolutionary communism.
A system of economic, social, and political philosophy based on ideas that view social change in terms of economic factors. A central tenet is that the means of production is the economic base that influences or determines the political life.
Under Marxism, outdated class structures were supposed to be overthrown with force (revolution) instead of being replaced through patient modification. It held that as capitalism has succeeded feudalism, it too will be removed by a dictatorship of the workers (proletariat) called socialism, followed quickly and inevitably by a classless society which governs itself without a governing class or structure. Developed in the 19th century jointly by two lifelong German friends living in London - Karl Marx (1818-1883) and Friedrich Engels (1820-1895) - it forms the foundation of communism.
Marxism is both a social and political theory, which encompasses Marxist class conflict theory and Marxian economics. Marxism was first publicly formulated in the 1848 pamphlet, The Communist Manifesto, by Karl Marx and Friedrich Engels, which lays out the theory of class struggle and revolution. Marxian economics focuses on the criticisms of capitalism brought forth by Karl Marx in his 1867 book, Das Kapital. .
The political and economic theories of Karl Marx and Friedrich Engels, later developed by their followers to form the basis for the theory and practice of communism.
How to use Marxism in a sentence?
- The new economic and political structures of the world seem to be moving as far away from the ones outlined by Marxism .
- Some have pointed to the fall of states like the USSR as proof that Marxism does not work and that they retained the corruption and class systems that they were meant to end.
- Marx wrote that the power relationships between capitalists and workers were inherently exploitative and would inevitably create class conflict. .
- Tired of the failures of capitalism, John decided that he would embrace Marxism as a change and attempt to ease the woes of the world.
- He believed that this conflict would ultimately lead to a revolution in which the working class would overthrow the capitalist class and seize control of the economy.
- In reality, he lost any connection to Bolshevism and Marxism many decades before he died.
- Marxism is a social, political, and economic theory originated by Karl Marx, which focuses on the struggle between capitalists and the working class. .
Meaning of Marxism & Marxism Definition