1. Karl Marx, is also known as the architect of Communism.
2. The Theory of ‘class conflict’ is central to Marxian thought. In his ‘Communist Manifesto’ Marx has said that, at every stage in history, there is a war between the classes.
3. According to Marx, ‘it is the economic factor that forms the basis of class’.
4. Marx’s analysis of class conflict in capitalist society is as following:
1. The importance of property
2. Polarization of classes
3. Surplus value
4. Alienation
5. Pauperization
6. Class solidarity and antagonism
7. Revolution
8. Dictatorship of proletariat
9. Emergence of the communist society