About Marxism
- Invented by Karl Marx, who was a German economist, philosopher, sociologist, and journalist.
- Marxism is a particular type of social and economic system in which the means of production are not owned by the wealthy but by the producers themselves.
- It is the idea that people own their labor and input labor and get out the equal amount of product, value and resources.
- Marxism is an idealistic economic philosophy in that it assumes that all people rich and poor want to work and will work to get what they need.
- It does not allow for corruption, organized crime, moochers, scam artists and such. It has at its basis a very pro-human notion that assumes human nature is to be honest and earnest at all times.