Marx's Failure to Predict the Future but Its Useful Insight Into the Past

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Marx's Failure to Predict the Future but Its Useful Insight Into the Past

Marxism was first coined by Karl Marx (1818-1883) and Frederich Engels (1820-1895). It’s both a theory and practice based on a scientific method of thought called historical dialectal materialism, meaning there is no one clear answer to a question, instead the theory is based on a certain amount of variables that are always restricted and so most of these theories are limited. Through this historical materialism Marx and other Marxists through time have studied the development of forms of social organisation and consciousness, how they have succeeded one another in history and their interconnections with the development of
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Hegel tended to look at ideas of capitalism but not through the people who held them where as Marx look at both these ideas and the people they came from, as he believed the world to be ever changing through human activities in particular, production.

Marx began writing at the start of the industrial revolution and was able to witness the change from a feudal society where we had lords and serfs to a new industrial and capitalist society with owners and workers (what Marx called the bourgeoisie and the proletariats). Unlike the feudal system whereby the lords were controlled by the king in this new state the capitalists were not controlled anymore and were now free and able to maximise their profits and with the workers supposedly free to sell their labour power to the capitalists.

In the capitalist society, Marx believed that each class is defined by how they are related to the productive process and how their own interests are related. The modes of production: “…..shaped every aspect of human life, was itself not influenced by anything outside of itself, as
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