What was Marx's view on capitalism?
Marx viewed the industrial capitalism that emerged in the mid-nineteenth century as the final stage in economic development, one that would become so efficient at exploiting the labor of workers that it would eventually lead to worldwide revolution and the establishment of a communist, classless society.
In his famous Communist Manifesto of 1848, Marx argued that the rise of capitalism had smashed older, more traditional forms of production, and created two mutually antagonistic social classes, the bourgeoisie (capitalists) and the proletariat (working...
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