Marxism is a method of socioeconomic analysis that uses a materialist interpretation of historical development, better known as historical materialism, to understand class relations and social conflict as well as a dialectical perspective to view social transformation.
Consequently, what did Karl Marx conclude?
Marx dived into the study of economics. He reached the conclusion that the new industrial workers labored for wages that barely kept them alive while creating enormous wealth for their capitalist employers. In 1844, Marx wrote that the worker was alienated, or separated, from the fruits of his own labor.
Similarly one may ask, what is proposed by Marx as the end of society?
For Marx the end of history is also freedom. … Marx predicted that the next step in history was when the proletariat gets control of the means of production and he called this new stage Socialism. In socialism there is still the concept of property.
What was Marx’s solution?
Marx’s own solution relies on the idea of exploitation of the worker. In setting up conditions of production the capitalist purchases the worker’s labour power—his or her ability to labour—for the day.