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Karl Marx

Presented by;
Nabeena Khatri
History

• Karl Marx was born on May 5th 1818 in Trier,


Germany.
• He was raised in a middle class, working
family.
• Karl Marx is a philosopher, political theorist,
social scientist, historian, and a revolutionary.
• Marxism is the system of thought
development by Karl Marx.
Marx Theory
Basically, Marx meant that if one is in the upper class,
life was one of the leisure and abundance, while
those in a lower class lived life of hardship and
poverty.
According to Karl Marx the important concepts
are;
Capitalism: Marx believed that capitalism is
not only an economic system but is also a
political system.

Class struggles : Marx believed that conflict


produces class and inherently class produce
conflict.
• Exploitation: Marx believed that capitalism
can only thrive exploitation of the working
class.

• Alienation: the workers are forced to sell their


labor to the capitalists in order to survive.
MARXISM THEORY
The collective understanding of all those theories
related to society, economics & politics is called
as Marxism.

Communism: It is the state of having key means of


production owned in common without class.

Socialism: Is an intermediate transition state where


a social revolution is required to get to
communism.
Thank You

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