A political and economic theory developed by Karl Marx advocating for class struggle and the eventual establishment of a classless, communist society. Emphasizes historical materialism and critique of capitalism.
Named after Karl Marx (1818-1883), German philosopher and economist. Formed by adding suffix -ism to Marx's surname, following pattern of other ideological terms like socialism or capitalism.
Marx never actually used the term 'Marxism' to describe his ideas - he once famously said 'All I know is that I am not a Marxist' when criticizing followers who he felt misunderstood his theories, preferring to call his work 'scientific socialism.'
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