Briefly explain what type of class conflict emerges in a capitalist economy?
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Karl Marx (1818-1883)
Karl Marx was a philosopher and an economist (many argue an economic determinist – everything is shaped
by the economy).
In order to understand Karl Marx, you need the philosophical context first. This is mentioned below. Karl Marx
was initially inspired by the work of Georg Hegel, a German philosopher, who espouses the ideas of idealism.
Later, as Marx evolves and comes to his own ideas and interpretations, he takes on a historical materialist
concept of society. This is rooted partly in the philosophy of materialism, noted below. Karl Marx laid the ground
work for what would become Conflict Theory in Sociology (whereas Emile Durkheim, laid the groundwork for
Structural Functionalism, if you recall even as early as your Introduction to Sociology OR Principles of
Sociology courses).