|TERM OF THE DAY||OCTOBER 7, 2016|
A system of economic, social, and political philosophy based on ideas that view socialchange in terms of economic factors. A central tenet is that the means of production is the economic base that influences or determines the political life. Under Marxism, outdated class structures were supposed to be overthrown with force (revolution) instead of being replaced through patient modification. ... Read more
Some have pointed to the fall of states like the USSR as proof that Marxism does not work and that they retained the corruption and class systems that they were meant to end.