Marxists view the family as an institution that helps maintain class inequality and capitalism through three main functions: (1) inheritance of private property, (2) ideological socialization of children, and (3) generating profits as a unit of consumption. According to Marxists, the family does not truly benefit its members but rather exists to perpetuate the capitalist system through these functions. Critics argue that Marxists overlook family diversity and underestimate gender inequalities within families.