Karl Marx was a 19th-century philosopher, economist, sociologist, journalist, and revolutionary socialist. His ideas played a significant role in the development of social science and the socialist political movement. He is known for his theories about capitalism and communism.
Think of Karl Marx as a movie director who wants to change how films are made. He sees problems with the current system (capitalism) and proposes a new way of doing things (communism).
Communism: A political theory derived from Karl Marx advocating class war leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.
Capitalism: An economic system characterized by private or corporate ownership of capital goods; investments that are determined by private decision; prices, production, and distribution of goods determined mainly by competition in a free market.
The Communist Manifesto (1848): A political pamphlet written by Karl Marx and Friedrich Engels where they discuss the philosophy and intent of communism.
Karl Marx stated that Communist rule required what?
What was Karl Marx's view on capitalism as per his Communist Manifesto?
What sets apart Karl Marx's concept of communism from Vladimir Lenin's implementation during the Russian Revolution?
What distinguishes Karl Marx's theory of socialism from Robert Owen's vision?
What describes a key difference between Karl Marx and Adam Smith’s views on capitalism?
What characteristic distinguishes Karl Marx’s theory of Communism from Adam Smith’s theory of Capitalism?
If Karl Marx hadn't written "The Communist Manifesto", how might this affect European politics during the late-19th century?
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