Use the noun Marxism to describe a particular theory of economics and politics that endorses communism and objects to capitalism.
A person who believes in the political philosophy of Marxism is called a Marxist. Both words come from the name of the man who first developed the ideas behind Marxism, Karl Marx. Marxism is closely related to both communism and socialism, which reject the capitalist system as unfairly benefiting a small number of people in society, and endorse a more equal way of distributing resources and money.
Definitions of Marxism
the economic and political theories of Karl Marx and Friedrich Engels that hold that human actions and institutions are economically determined and that class struggle is needed to create historical change and that capitalism will ultimately be superseded by communism
a political theory favoring collectivism in a classless society
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