Nraiender Singhasked in Social Science

why did karl marx want to overthrow capitalism

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Issac Alexenderanswered this6 helpfulvotesin Social Science, Class X

according to Marx, capitalism, like slave society and feudalism, also has critical failings - inner contradictions which will lead to its downfall. The working class, to which the capitalist class gave birth in order to produce commodities and profits, is the "grave digger" of capitalism. The worker is not paid the full value of what he or she produces. The rest is surplus value - the capitalist's profit, which Marx calls the "unpaid labour of the working class." The capitalists are forced by competition to attempt to drive down the wages of the working class to increase their profits, and this creates conflict between the classes, and gives rise to the development of class consciousness in the working class. The working class, through trade union and other struggles, becomes conscious of itself as an exploited class.

In the view of classical Marxism, the struggles of the working class against the attacks of the capitalist class lead the working class to establish its own collective control over production - the basis of socialist society. Marx believed that capitalism always leads to monopolies and leads the people to poverty; yet the fewer the restrictions on the free market, (e.g. from the state and trade unions) the sooner it finds itself in crisis. Marx is rather vague in his explanation of how the working class will come to consciousness.