TRUE.
Communism
Karl Marx is considered the father of communism and socialism. He developed the theory of historical materialism, which examines how social structures and relationships are shaped by economic conditions. Marx also wrote "The Communist Manifesto" with Friedrich Engels, outlining the principles of communism as a political ideology.
Marx and Engels
Karl Marx attempted to refine the economic term of consumption. He began his views on this by stating that consumption produces production. Additionally, Marx added that consumption produces production in two ways:* A product becomes a real product only through consumption; and* Consumption creates the need for new production.As an aside, Marx's economic and political ideas were not commonly accepted by economic and political thinkers of his day in the middle of the nineteenth century.
Karl Marx is remembered for his contributions to the development of socialist and communist theory, particularly through his famous works such as "The Communist Manifesto" and "Das Kapital." He is known for his critique of capitalism and advocacy for a classless society where the means of production are owned collectively. Marx's ideas have had a significant impact on political, economic, and social movements around the world.
Karl Marx's theory of economic determinism holds that the development of society and history is primarily driven by the economic interactions and relationships between different social classes. He believed that the economic system in place, particularly capitalism, determines the political, social, and cultural structures of a society. According to Marx, changes in the mode of production lead to transformations in society, ultimately shaping the course of history.
Karl Marx argued that social, economic, and political inequalities are dependent on the exploitation of the working class by the capitalist class. He believed that this class struggle is at the core of society and that it shapes the structure of power and the distribution of resources. Marx viewed capitalism as inherently creating and perpetuating these inequalities.
Yes, he philosophized the economic system of Socialism and other leftist political systems such as Communism, which had economic elements. Socialism and communism are actually two distinct politico-economic systems - they both have their own political and economic systems. Marx also wrote the most systematic (at the time, and in my opinion, to date) critique of capitalism. In fact, I think its wrong to describe communism as a political system - democracy is the political system of communism - communism is fundamentally an economic system.
The birth of Marx's communism was not the result of globalization. Marx saw economic and political injustice in Western Europe. Most particularly in England and Germany. To Marx and his wealthy benefactor, Engels, the cause of what Marx saw as injustices was the direct result of the industrial revolution.
Karl Marx was a popular figure among certain groups, particularly those interested in socialist and communist ideologies. He was a renowned thinker and writer whose ideas on capitalism and class struggle have had a lasting impact on political and economic thought. However, he did not hold a position of political leadership during his lifetime.
Karl Marx argued that the economic system, particularly capitalism, was the top social institution that shaped society. He believed that economic relationships, such as those between capitalists and workers, determined power dynamics, social structure, and even individuals' consciousness.
Marx and Engels proposed that when a true Communist society emerged, it would be stateless and classless.