Definition Of Marxism

Marxism is a political, social, and economic philosophy derived from the work of the 19th-century historians Karl Marx and Friedrich Engels. It views human history as a struggle between social classes and asserts that capitalism is inherently exploitative. Marxism advocates a “revolution of the proletariat” in which the working class will seize political power internationally and establish new societies based on collective ownership. In the 20th century, communist governments, such as those in the Soviet Union and China, declared their adherence to the principles of Marxism. However, Marx himself never described a specific operational form of government based on his philosophy.