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Marxism is a social, economic, and political theory developed by Karl Marx and Friedrich Engels in the mid-19th century. It views society as divided into classes based on the relationship between workers and owners of the means of production. Marxism calls for the abolition of private property and the establishment of a classless society in which workers own and control the means of production. The goal of Marxism is to create a just society where resources are distributed equally and everyone has access to basic goods and services. Marxism has been influential in shaping the political systems of countries such as the Soviet Union and China.
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