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Socialism: Utopian and Scientific -- Friedrich Engels

Red Menace

NOTE

Materialistic Conception of History and Discovery of Surplus Value

History was freed from metaphysics by Hegel, leading to a materialistic treatment. Socialism, as per Marx, was no longer accidental but a result of class struggle between proletariat and bourgeoisie. The materialistic conception of history and surplus value discovery by Marx transformed socialism into a science, explaining capitalist production and its downfall.

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