marxism

/ˈmɑrksɪzəm/
noun
  1. A political and economic theory based on the ideas of Karl Marx, which argues that society develops through class struggle and that capitalism will eventually be replaced by communism.
    • Many political parties in the 20th century were influenced by Marxism.
    • She wrote a book comparing Marxism with other economic systems.
    • The professor explained the basic principles of Marxism in class.
Antonyms
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