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What is Marxism?

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What is Marxism?

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Marxism, economic and political philosophy named for Karl Marx. It is also known as scientific (as opposed to utopian) socialism. Marxism has had a profound impact on contemporary culture; modern communism is based on it, and most modern socialist theories derive from it (see socialism). It has also had tremendous effect on academia, influencing disciplines from economics to philosophy and literary history.
Although no one treatise by Marx and his coworker Friedrich Engels covers all aspects of Marxism, the Communist Manifesto suggests many of its premises, and the monumental Das Kapital develops many of them most rigorously. Many elements of the Marxist system were drawn from earlier economic and historical thought, notably that of Georg Wilhelm Friedrich Hegel, the comte de Saint-Simon, J. C. L. de Sismondi, David Ricardo, Charles Fourier, and Louis Blanc; but Marxist analysis as fully developed by Marx and Engels was unquestionably original.
Others

My name is Karl, and formed Marxism.

Its nothing...

Like Jamesism. its made up
does it have to do with the marx brothers
following the writtings of Karl Marx
russian but lived and died in london
it was an early form of communism (idealistic)
read Das Kapital but its long winded and very theoretical
didnt work in practice
It's an outdated political theory that is only found on American University campuses.
its a form of government...

Marxism takes its name from the praxis (the synthesis of philosophy and political action) of Karl Marx and Friedrich Engels. Any political practice or theory that is based on an interpretation of the works of Marx and Engels (including the later Communist Parties and Communist states, as well as academic research across many fields) may be termed Marxism. Most forms of Marxism share:

an attention to the material conditions of people's lives, and lived relations between people
a belief that peoples' consciousness of the conditions of their lives are reflections of these material conditions and relations
an understanding of "social class" in terms of differing relations to production, and as a particular position within such relations
an understanding of material conditions and social relations as historically malleable
a view of history in terms of conflict between classes with opposing interests
a sympathy for the working class
a belief that the ultimate interests of workers best match those of humanity in general.
Philosophy and social theory based on Karl Marx's work