| Karl Henrich Marx | a German philosopher, economist, historian, and journalist
who is best known for his work as a radical political theorist and socialist
revolutionary. He is also known as the “father of communism” because of his idea about class struggle, the capitalist system, revolutionary and political regimes of the government for a decade |
| Famous Work of Karl Marx | Karl Marx has two (2) famous works that up until today are still read by other
philosophers and this are the;
The Das Capital “Capital” is one of the major works Karl which is published on September 14, 1867, in which he expounded his theory of the capitalist system, its dynamism, and its tendencies toward self-destruction. He said, his goal was to reveal "the economic rule of motion of modern civilization." Das Kapital spends a lot of time explaining Marx's concept of "surplus value." of labor and its
consequences for capitalism.
The Communist Manifesto it was published on February 21. 1848. Communist Manifesto it is a modern communist movement that is concern about the nature of society and politics. The Manifesto was written at a time of unprecedented
industrial and social change |
| History of Marxism | Marx developed his thoughts by collaborating with German thinker,
Fredrick Engels by researching in the British Museum’s reading room and then
publishing his writings. |
| Fredrick Engels | son of a factory owner in Britain, and he observed
many factories in Britain at the height of the Industrial Revolution. |
| Primitive
Communism | the 1st stage of historical materialism wherein humans lived together before the emergence of large-scale agriculture. People lived in a
simple life in which everything was shared amongst the tribe-food, jobs, and belongings. No one owned their land and no one is taken advantage of their labor. Eventually, one group comes to power which leads to Feudalism |
| two classes. | feudal lords and serfs. Lords owned the land in their favor and their job was to lease land and employ agricultural labor in their lands So, the serfs fought against the lords. With the spreading of industries, urbanization grew, so the emphasis was on industries
which he called Feudalism the 2nd stage of historical materialistic |
| 3rd stage which is the Capitalism Marx was very much
bothered about this stage because this represented the most heinous and
migration was found from rural to urban areas | . |
| Socialism | the stage where the society is
classless and it is based on the principle of equality |
| Communism | is the ultimate final stage where there is the prevalence of equality among all.
Everybody works according to his capacity and gets according to his due, when capitalism goes and communism comes into being there are some elements found in some form or other of capitalism in socialism. |
| Marxism | social, political, and economic theory. It 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. |
| Marx’s class theory portrays | capitalism as one step in the historical
progression of economic systems that follow one another in a natural sequence. |
| Socio-Economic Classes | >The Bourgeois/Bourgeoise they “means of production”, the systems by
which goods are made and distributed. These includes everything from the mines where resources are extracted to the factories where manufactured goods are produced to the stores where they are sold.
>The proletariat, they work for the bourgeois. Proletariat exchange their labor for a fixed wage that represents only a small fraction of the total volume of their work. They work for t |
| Marxism vs Capitalism | Role of Government
>There is a government who
will control everything.
>There is no government who
will interfere in the economy.
Property
>Public Property/Ownership.
>Private Property/Ownership
Earnings
>Workers earn the same
wage.
>Workers are not equally pay
Welfare ' they provided
a free access for every
citizen. ' Citizens generally pay for
everything |
| Communism vs Socialism | >communism, most property and
economic resources are owned and controlled by the state
> Socialism, all citizens share equally in economic resources as allocated
by a democratically-elected government. F |
| Goal of Marxism | The goal of Marxism is to create
a society in which justice determines a fair distribution of wealth, leading to society in which all individuals can achieve their potential without the
advantages or disadvantages currently granted by their position in the world capitalist system. |
