In Marxist theory, the proletariat is the class (often termed the working class) of a capitalist society that does not have ownership of the means of production and whose only means of subsistence is to sell their labour power for a wage or salary.

Marxism is a theory, and an ideology, that combines economic, social and political change resulting in a fair and equal society (i.e. communism). Formulated and pioneered by Karl Marx and Freidrich Engels, marxism focuses on a materialist interpretation of history, a dialectical view of social change, and the development and eventual collapse of capitalism.

More about Marxism – Theory and Philosophy – An Introduction

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