Marxism is a political, social, and economic theory developed by German philosopher Karl Marx. It is centered on the idea that society is divided into classes based on their relationship to the means of production. The ruling class, the bourgeoisie, owns the means of production while the working class, the proletariat, sell their labor to the bourgeoisie in exchange for wages.
Marxism proposes that capitalism is inherently unstable, and that it will eventually collapse due to the inherent contradictions within the system. It suggests that socialism, which is characterized by worker ownership of the means of production, will replace capitalism and lead to a more equal and just society.
Marxism has been influential in shaping many political and social movements, including communism and democratic socialism. However, Marxism has also been heavily criticized for its historical association with authoritarianism and its inability to provide a clear path for achieving its goals.
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