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Karl Marx was a German philosopher and political economist who lived in the 19th century. He published several books; the most famous being The Communist Manifesto. In it he went over class struggle and the fundamental problems of capitalism as well as outlining communism and what communists hope to achieve.

Communism is an economic system of common ownership of the means of production (i.e. the workers (proletarians) own the factories and everything it produces, to use) as opposed to capitalism, which is the private ownership of the means of production (i.e. the rich and powerful (bourgeois) own the factories and everything it produces, to sell for profit).

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According to the article, why did Karl Marx think the economic system of the world would change?

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Which theorist argued that everything in society is secondary to economic reality?

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Which economic model did Karl Marx fully support?

Karl Marx fully supported the communist economic model, where the means of production are owned by the community as a whole and there is no private ownership of property. He believed that this model would lead to a classless society with no exploitation of labor.


Who was responsible for the development of the Communist economic theory's?

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