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Contributions and Drawbacks of Marxism

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Contributions and Drawbacks of Marxism
Contributions and Drawbacks of Marxism
Marxism is a theoretical system that created by Marx and Engels based on labor movements in the 19th century. Marxism was written upon a materialist interpretation of history. The Marxist theoretical system consists of three parts: Marxist philosophy, Marxist political economy and scientific socialism, which were created on the basis of the German classical philosophy, the British classical political economy and French utopian socialist influence respectively.
In their writing the two most important terms are "socialist" and "communist”. When reading them, it is always important to know what the writer means by them. For Marx socialism was the more comprehensive term; communism was an advanced stage of socialism. Socialism would prepare the way by nationalizing the "means of production" (factories, farms, mines, transportation, etc.) and putting them under the control of those he viewed as the sole producers of wealth: the workers. He viewed political equality and freedom as incomplete (or even illusory) without economic equality. Therefore this redistribution of economic power was aimed at extending democracy far beyond the limits envisioned by earlier democratic revolutions. Social services like health, education, and housing would be provided free, but people would still be paid wages according to their work. When all nations had developed socialist economies, they would begin to evolve into an international communist society. The vision of communism was very similar to that of anarchism: a stateless society in which central government had "withered away," local, ground-up control of all affairs by strictly democratic processes based at the place of work, abolition of the market system (no money, no buying and selling) and its replacement by a system according to which people would voluntarily work for the common good to the extent they were able under the understanding that they could receive whatever they needed for

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