What does the Marxist theory mean?

In this manner, what is the Marxist theory in simple terms?

noun. The definition of Marxism is the theory of Karl Marx which says that society's classes are the cause of struggle and that society should have no classes. An example of Marxism is replacing private ownership with co-operative ownership.

Subsequently, question is, what is the definition of Marxist socialism? : the political, economic, and social principles and policies advocated by Marx especially : a theory and practice of socialism (see socialism sense 3) including the labor theory of value, dialectical materialism, the class struggle, and dictatorship of the proletariat until the establishment of a classless society.

Likewise, what does a Marxist believe in?

Marxism believes that capitalism can only thrive on the exploitation of the working class. Marxism believes that there was a real contradiction between human nature and the way that we must work in a capitalist society. Marxism has a dialectic approach to life in that everything has two sides.

Why is capitalism unfair?

The entire system of capitalism is unfair because it is based on theft and exploitation and is undemocratic. Capitalism is based on theft because it is based entirely on the privatization of the planet and its resources. Every single good and service we produce in our economy are produced using these stolen resources.