Marxism

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Marxism

The economic and social philosophy espousing free access to goods and services, the lack of distinction between classes, the lack of state or government, and common ownership (not state ownership) of the means of production. Marxism asserts that the proletariat (those with no access to capital but who provide most of the labor) will inevitably overthrow the capitalist class and that the state, after a brief period in which it controls the means of production, will fade away to create an ideal society. Marxism is a type of communism. It is named for 19th-century economic philosopher Karl Marx.
References in periodicals archive ?
And it has its scholarly variations, too, such as Arthur Lipow, Authoritarian Socialism in America: Edward Bellamy and the Nationalist Movement (1982).
Who can doubt that the failure of authoritarian socialism affects them?
They have, says Paz, forgotten the great political lesson of the 20th century: The only way to achieve a more just, more liberal society is to further democracy, not authoritarian socialism.