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| 1. |
Explain karl Marx theory of socialism |
| Answer» Karl Marx’s Theory:\tHe felt that the industrial society belonged to the capitalists.\tCapitalists owned the capital invested in industries, but the profit was produced by workers.\tHe believed that the condition of workers would never improve, as long as profit is taken by the capitalists.\tMarx believed that to free themselves from the capitalists’ exploitation, workers had to form a socialist society where all property was socially controlled.\tThis would be a communist society. | |