👉 Marxism, also known as Marxist theory or Marxism, is a political and economic philosophy that emphasizes the importance of class struggle and revolution. It was developed by Karl Marx in the 19th century and has since been influential in shaping various social movements around the world, including communism and socialism. Marxism argues that the proletariat (the working class) is inherently oppressed and exploited by their capitalist oppressors. The goal of Marxism is to overthrow capitalism through a revolution or "workers' revolution