marxism

Capatilism

a mode of production based on inequality

bourgeoisie

the capatilist class

owns the means of production

proletariat

wage workers

work to meet the capitalist production demands- exploitation

explain the process thru which the rich stay rich

the workers create profit for the rich

the rich use this profit to expand their private property

creates inequality

historical materialism

history shud be understood in terms of the evolutionary progression in material forces and conditions and the organization of these material’s production.

be it agricultural, manufacturing or services.

class consciousness

wage workers recognition of their class exploitation under capitalism

fall of capitalism acc to marx

the rich sow the seeds for the downfall by their greed for profits

the poor eventually reject the conditions of their existance