How Did Karl Marx View Capitalism

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Karl Marx, Socialism, Communism

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Karl Marx viewed capitalism as a historical stage that would eventually stagnate due to internal contradictions. He saw capitalism as a way for capitalists to accumulate more capital while impoverishing the working class. The private ownership of the means of production is considered as a dependency of those who do not own the mean of production on the ruling class. Marx criticized capitalism those who own the means of production exploit the work class and this would eventually lead to a source of restriction to human freedom. According to Marx, communism is an ideology that establishes a communist society, which is structured along the common ownership of the means