Quick Definition

Karl Marx was a 19th-century philosopher, economist, and political theorist whose ideas and writings laid the foundation for modern socialism and communism.

Examples

• 1Marx's theory of surplus value explains how capitalists generate profits by paying workers less than the value of their labor.
• 2The concept of class struggle, a central element in Marx's theory, describes the ongoing conflict between the bourgeoisie (capitalists) and the proletariat (workers).
• 3Marx's analysis of capitalist society was used to advocate for workers' rights and has influenced numerous labor movements around the world.
• 4Marx's critique of capitalism has been foundational in the development of critical theory and various social science disciplines.

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