Karl Marx believed that the economy determined the nature of society. He predicted that society would be reduced down to two social classes: bourgeoisie and proletariat. The bourgeoisie is the class that owns the means of production, in other words, they would be the rulers of the society. The proletariat is the class that labors with out owning the means of production, in other words, the class that is ruled.
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Marxist theory of social development is not relevant now. Human beings will never abandon their right to private possession of things, whether they be cultivative land, their husbands and wives, or children. Community possession of products or resources have been experimented with in several ages and they have always failed as is evidenced by the overpowering urge for private possession. Or, the emotional nature of human mind has to go which never will. Marxist theory of social development is derived from three sources, three roots, which are English Economics, French Socialism and German Philosophy. Unless these three characters of Marxism wither away, the emotional nature of human mind will make Marxist development of society irrelevant.
Both Rostow's and Marxist theories of development focus on economic growth and transformation of societies. They both emphasize the importance of industrialization as a key driver of development. However, Marxist theory critiques capitalist systems and highlights the role of class struggle in shaping development outcomes, while Rostow's theory is more linear and stages-based.
Marxist theory of social development can be relevant to 21st-century Africa by providing insights into class struggle, exploitation, and the role of capitalism in shaping economic structures. It can offer a framework to analyze disparities, inequalities, and the impact of globalization on African societies. However, it is important to adapt Marxist ideas to the specific historical, political, and economic contexts of each African country to ensure relevance and applicability.
Socialism is an economic system based on public or cooperative ownership of the means of production, worker's self-management and collective decision-making in enterprises, and production for use. Marxism is an economic and sociological theory on capitalism, economic development and social class that predicts socialism to be an outcome of economic and technological development. Many socialists agreed with Marxist or quasi-Marxist analysis and theories, but not all socialists agree with or are Marxist. In short, Marxism is a theory; Socialism is a system.
According to Marxist theory, it will, it is the deterministically inevitable historical next stage in sociocultural development.
Stephen Edgell is known for his work in sociology, particularly in areas related to class and social theory. While he engages with Marxist concepts, particularly concerning class dynamics and social inequality, categorizing him strictly as a Marxist may not fully encompass his views. His approach often blends various sociological perspectives, reflecting a more nuanced understanding of social issues rather than strict adherence to Marxist ideology.
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Important figures in the development of Marxist theory include Karl Marx and Friedrich Engels, who co-authored "The Communist Manifesto" and "Das Kapital." Additionally, Vladimir Lenin, Rosa Luxemburg, and Antonio Gramsci made significant contributions to the expansion and interpretation of Marxist ideas through their writings and political activism.
Allin Cottrell has written: 'Social classes in marxist theory' -- subject(s): Communism and society, History, Marxian economics, Social classes
Both Marxist and Malthusian theories are concerned with population growth and its impact on society, but they offer different perspectives on the issue. Both theories acknowledge that population growth can lead to resource scarcity and social problems. However, Marxist theory sees these issues as a result of unequal distribution of resources and production, while Malthusian theory focuses more on the limits of resources to support population growth.