Karl Marx

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• Karl Marx believed
• capitalism led pple to sell their own labour for a price, which led pple to value their price rather than their usefulness
• Which led to over-production of goods
• working pple earning less for their labour
• long-term consequence of unregulated capitalism would be the enrichment of the bourgeosie (capitalist class) and continued impoverishment of the proletariat or working clss
• massive well organized and violent revolution would be required in some nations as ruling class will not give up their power
• revolution will be violent in germany but in GB or US; it can be through parliamentary change
• system controlled by working man would entail fair distribution of power and wealth
• POLITICAL THEORY - Karl Marx (Einbetten)

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