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Who is Karl Marx and what economic system did Karl Marx support and why?
Wiki User
∙ 13y ago
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).
Wiki User
∙ 13y ago
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Who theorized the economic system of socialism?
Karl Marx
What is the new economic and social system by Karl max?
communism did you mean karl marx
Who believed that history was guided by economic events?
Karl Marx
How did Karl Marx influence modern economic thought?
Karl Marx had developed advanced ideas about economics and the economy that had influenced other developers.
Who wrote the economic system that was dominant from 1800 to 1850?
Nobody 'wrote' it. And capitalism existed before and after those dates.
Who theorized the economic system of socialism?
Karl Marx
What is the new economic and social system by Karl max?
communism did you mean karl marx
Who developed the economic system that was dominant from 1800 to 1850?
Karl marx
What is the political economic and social system that was based on the teachings of Karl Marx?
Communism
Who believed that history was guided by economic events?
Karl Marx
What is Karl Marx famous for?
That Communism was the economic system that we should use instead of capitalism.
What economic system did Karl Marx believe created poverty?
Karl Marx believed that capitalism was the economic system that created poverty. He argued that the capitalist system led to exploitation of workers, unequal distribution of wealth, and alienation, ultimately perpetuating poverty among the working class.
What theorie is Karl Marx famous for?
That Communism was the economic system that we should use instead of capitalism.
According to the article, why did Karl Marx think the economic system of the world would change?
yes
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?
Karl Marx
How did Karl Marx influence modern economic thought?
Karl Marx had developed advanced ideas about economics and the economy that had influenced other developers.
