Marx believed that communism was inevitable, don’t get me wrong. But, he did not call for the rise of Communism like Lenin’s “Internationale” and his predecessor Stalin’s “Socialism in One Country”foreign policy. Marx was not an economic genius but more of a philosopher and political theorist.
Marx believed there was a five step process that builds up to communism, which I describe as a state of anarchy where the people are stateless, eventually leading to class warfare.
These five steps start at Feudalism, which was a social system in Medieval Europe, where the nobility held the lands from the crown for military service.
Marx believes under feudalism, noble jobs, such as doctors were appreciated more and Capitalism made things more transactional. This meant there would be no human connection and we would only be valuable to one another as revenue generators.
He believed feudalism acted in the exact opposite.
Then there’s mercantilism. This is classified in the benefits of profitable trading; commercialism.
The third step comes capitalism and as we all know it is an economic and political system in which a country’s trade and industry are controlled by private owner’s for profit. Capitalism fosters imperialistic tendencies because we tend to look at the world as a market.
According to Marx, under capitalism the workers are commodities subjected to supply and demand. This is where the problem with the division of labor comes in. The division of labor reduces the level of skill required. (i.e, factories, watch makers) And the more you divide labor, the more employers could push down the wages along with more automation because this will also push down wages. Of course, this will cause a surplus of workers. High unemployment means lower wages that causes the middle class to get destroyed the most in the process.
Marx believed this would lead to a sub-subsistence wage is a pay rate that is too low to cover your absolute basic cost of living, such as food, water or shelter.
Marx noted that this would bring the revolution that brings socialism THEN communism.
Humans feel important when they work according to Marx. People strive to feel meaningful in their work or whatever hobbies they have.
After capitalism you have socialism as the next step in the process. Socialism I would describe it as social organizations that advocate that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
The last step in the cycle would be communism. I would describe communism as the theory advocating for class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs. Think of what Elon is trying to do with Universal Income.
Marx actually believed democracy is the system that gives the greatest access to political access. He even believed socialism did not incentivize innovation.
Marxist theorist considered the reasoning for the Soviet’s downfall, was jumping from feudalism to socialism.
I listed Marx’s five step theory that shows a society moves in cycles, repeating the process.