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Marxism
Marxism
Marxism
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Marxism theory
According to Marx's theory which portrays capitalist society with the struggle between capitalist
class, owning different departments and working class, who work at a low wage in order to
balance means of production and transforming raw material into useful economic goods. Marx
believed that in order to cope up with the system of nature it was necessary for the low classes to
sell their labor to property owners. The theory was more focused upon class exploitation,
workplace and cultural norms. Moreover, the theory includes societal and day to day to life
Though Marxism philosophy was supported among many followers, many of his
prophecies did not come into action thus resulted in criticism. Avoiding the fact that the theory
was ignored by many, yet over the past few years and even nowadays Marx's theory still remains
important for the society and its norm. The private companies are mostly owned and controlled
by few top-notch people. Usually, the owners would decide the plans, give wages and do most of
the savings to invest again. As the workers with no control on the decisions and low income are