This document provides an overview of Karl Marx and Marxist theory. It introduces Karl Marx, his key concepts and ideologies such as capitalism, class struggle, exploitation, and alienation. It describes the two main classes in capitalist society according to Marx: the bourgeoisie and the proletariat. It also outlines the different types of Marxism, criticisms of Marxist ideas, and Marx's contributions to modern social and economic theory, such as the conflict model of society and origins of power and alienation.

1. GROUP MEMBERS
• Usman Aslam
• Syeda Fizza Rizvi
• Syed Irtaza
• Tayyaba Faiz
• Ikhlas Ahmad

2. KARL MARX AND MARXIST THEORY

4. TABLE OF CONTENTS
• Who was Karl Marx?
• Some important key concepts and ideology
• Types of Marxism
• Criticisms of Marxist ideas
• Contributions of Karl Marx’s Theory in the modern world
system
• Conclusion

6. • Karl Marx was born on 5th May 1818.
• Marx is widely referred to as a
Philosopher, Political-Economist
and a Journalist.
• Marx was married to Jenny von
Westphalen.
• Marx`s close friend and fellow
scholar was Friedrich Engels.
• Karl Marx died on 14th March, 1883.
• The message carved on his
symmetry was written as
“WORKERS OF ALL LANDS,
UNITE”
WHO WAS KARL MARX?

7. HOUSE OF KARL MARX

8. FAMILY

9. SOME IMPORTANT KEY CONCEPTS
• Capitalism: Marx believed that capitalism is not only an
economic system but it is also a political system.
• Class Struggles: Marx believed that conflict produces class
and inherently class produces conflict.
• Exploitation: Marx believed that Capitalism can only thrive
exploitation of the working class.
• Alienation: The workers are forced to sell their labour to the
Capitalists in order to survive.

11. SOME IMPORTANT KEY IDEOLOGIES
• Capitalist society is divided into two classes:
The Bourgeoisie(wealthier ones) and the Proletariat(poor ones).
• The bourgeoisie increase their wealth by exploiting the
proletariat:
The richer ones exploit and make the poor more weaker to gain
wealth and power.
• Ideological Control:
Marx argued that the ruling classes used their control of social
institutions to gain ideological dominance. Thus, the
proletariats accepted this and didn’t fight back.
• The result of the above is false class consciousness:
The end result of ideological control is false consciousness –
where the masses, or proletariat are deluded into thinking that
everything is fine and that the appalling in which they live and
work are inevitable.

13. TYPES OF MARXISM
• Communism: is the end state of having key means of
production owned in common (communally) without class
• Socialism: is an intermediate transition state where a
social revolution (that is, of the workers, the vast majority
of society) is required to get to communism.

14. CRITICISMS OF MARXIST IDEAS
• Criticisms of Marxism have come from various political
ideologies which include ethical and economical criticisms.
• Democratic socialists and social democrats reject the idea
that socialism can be accomplished through class conflict
and a proletarian revolution.
• Some thinkers have rejected the fundamentals of Marxist
theory, such as historical materialism and the labour theory
of value, and gone on to criticise capitalism - and support
socialism - using other arguments.
• Some contemporary supporters of Marxism argue that many
aspects of Marxist thought are viable, but that the corpus is
incomplete or somewhat out-dated in regards to certain
aspects of economic, political or social theory.

16. CONTRIBUTIONS OF MARXISM IN THE
MODERN WORLD SYSTEM
• Elaboration of the conflict model of society, specifically his
theory of social change based on antagonisms between
classes.
• The idea that power originates primarily in economic
production.
• Concern with the social origins of alienation.
• Understanding of modern capitalism.
• Welfare State.

17. CONCLUSION

18. THANK YOU