πŸ“š

Karl Marx's Main Theories

Jun 25, 2025

Overview

This lecture covers the life of Karl Marx and summarizes his main theories, including historical materialism, social class, class consciousness, alienation, and surplus value.

Karl Marx: Life and Background

  • Karl Marx was born in 1818 in Trier, Germany, to a Jewish family.
  • He studied law and philosophy, influenced by dialectical thinkers.
  • Marx was a journalist, political activist, and co-founder of scientific socialism and sociology.
  • He partnered with Friedrich Engels and was exiled to Paris and then London due to his political views.
  • Marx experienced firsthand the harsh conditions of the working class in England.

Key Marxist Concepts

Historical Materialism

  • Historical materialism studies how labor and production of goods shape societies.
  • Material conditions (not ideas or divine forces) drive historical and social changes.

Social Classes and Class Struggle

  • Society is divided between the bourgeoisie (owners of production) and proletariat (workers).
  • Social class is defined by economic position and relation to production.
  • Class struggles drive historical development, as stated in The Communist Manifesto.

Class Consciousness

  • Proletariat must become aware of its exploitation to challenge the bourgeoisie.
  • Class consciousness refers to workers realizing their collective power and oppression.

Alienation

  • Alienation means workers are separated from the products of their labor and become like tools in the production line.
  • This occurs due to the division of labor and lack of ownership over production.

Surplus Value

  • Surplus value is the difference between the value workers produce and their wages.
  • Capitalists profit by making workers labor extra hours beyond what is required for their basic needs.

Influence and Legacy

  • Marxism influenced political revolutions (e.g., Russian Revolution) and was applied in countries like China and Germany.
  • Marxist categories are used in fields like pedagogy, art, and psychoanalysis.

Key Terms & Definitions

  • Historical Materialism β€” theory that material production shapes social structure and history.
  • Social Class β€” group united by similar economic conditions and relation to production.
  • Bourgeoisie β€” class owning the means of production.
  • Proletariat β€” working class, selling labor for wages.
  • Class Consciousness β€” awareness by the proletariat of their exploitation and power.
  • Alienation β€” separation of workers from the results of their labor and from themselves.
  • Surplus Value β€” extra value produced by workers, taken as profit by capitalists.

Action Items / Next Steps

  • Download and review the provided mind map for further study.
  • Subscribe to the channel for updates on related topics.