Who was Karl Marx? What was his theory of socialism?
Karl Marx’s Theory: Karl Marx felt that the industrial society belonged to the capitalists. Karl Marx believed to free themselves from the capitalist's exploitation, workers had to form a socialist society where all property was socially guarded. Capitalists possessed the capital invested in industries, but the gains were produced by workers. Karl Marx realized that the condition of workers would never become better, as long as gains are taken by the capitalists.
