From each according to his abilities and to each according to his needs.
private property should be abolished because it is the source of injustice and inequality
Marxism is still around and so the question should not be "was" but "is". There is no single, basic principle of Marxist thought. Political philosophies are usually somewhat complex but Marxism stands above all others in its complexity and sophistication, and it is not just a political philosophy but has much to say on just about everything. Thus it would not be possible for anyone with a decent understanding of Marxism to give an answer to the question.
This is the principle of socialism or marxism. It is not a democratic principle per se, even though many democracies have this behavior written in their tax codes.
The four basic ideas of Marxism are historical materialism, the theory of surplus value, dialectical materialism, and the prediction of the eventual overthrow of capitalism by the working class. The idea of promoting economic competition is not a basic idea of Marxism; rather, Marxism critiques capitalism for promoting competition at the expense of the working class.
Marxism can be broken down to three basic elements. They are:1. philosophical 2. historical, and 3. economic
One principle of Marxism that American capitalists opposed was the belief in the abolition of private property. American capitalists believed in the importance of private ownership and the ability to accumulate wealth as necessary incentives for economic growth and innovation.
From each according to his ability; to each according to his needs.
Marxism
Doppler effect is the basic principle for the radar.
basic principle of analogue clamp meter
The basic principle of a belt conveyor is a # looped pully #
The basic principle is that UV light is high energy light with shorter wavelength.