Marxism is a set of social, economic, and political theories that interprets the historical development of a society and predicts where it is headed. It was started by German philosophers Karl Marx and Friedrich Engels. Central to the thesis of Marxism is that class conflict between the capitalists and the working class is the driving force of history and will determine the direction of the future.
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**Think Further Questions:
1. What do you think Marx would think about modern day technologies like automation? How would they affect the workers?
2. Why do you think Marx failed to predict the consequences of the communist revolutions?
3. Do you think Marxism can be compatible with democracy? Why or why not?
**Contents:
00:03 - Have You Ever?
00:18 - Explanation
00:38 - Definition of Marxism
00:57 - How It Works
01:35 - Criticism of Capitalism
03:09 - So What?
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