Marxism

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Marxism is an economic and socio-political worldview and method of socioeconomic inquiry that centers upon a materialist interpretation of history, a dialectical view of social change, and an analysis and critique of the development of capitalism. Marxism was pioneered in the early to mid 19th century by two German philosophers, Karl Marx and Friedrich Engels. Marxism encompasses Marxian economic theory, a sociological theory and a revolutionary view of social change that has influenced socialist political movements worldwide.

The Marxian analysis begins with an analysis of material conditions, taking at its starting point the necessary economic activities required by human society to provide for its material needs. The form of economic organization, or mode of production, is understood to be the basis from which the majority of other social phenomena — including social relations, political and legal systems, morality and ideology — arise (or at the least by which they are greatly influenced). These social relations form the superstructure, of which the economic system forms the base. As the forces of production, most notably technology, improve, existing forms of social organization become inefficient and stifle further progress.

These inefficiencies manifest themselves as social contradictions in society in the form of class struggle. Under the capitalist mode of production, this struggle materializes between the minority who own the means of...
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