ENGLISH LITERATURE (CBSE/UGC NET)

Detailed explanation-1: -In Marxist theory, the capitalist stage of production consists of two main classes: the bourgeoisie, the capitalists who own the means of production, and the much larger proletariat (or ‘working class’) who must sell their own labour power (See also: wage labour).

Detailed explanation-2: -The bourgeoisie is the ruling class in Marx’s theory of class struggle under capitalism. The bourgeoisie is the property-owning class who own the means of production (e.g. factories) and employ and exploit the proletariat.

Detailed explanation-3: -Marxism posits that the struggle between social classes-specifically between the bourgeoisie, or capitalists, and the proletariat, or workers-defines economic relations in a capitalist economy and will lead inevitably to a communist revolution.

Detailed explanation-4: -For Marx there are only two main classes, the bourgeoisie, that owns the means of production and the proletariat who work for them. The proletariat includes everyone who does not own the means of production. Even high paid workers in the tech industry are considered proletariats.

Detailed explanation-5: -Historically, the medieval French word bourgeois denoted the inhabitants of the bourgs (walled market-towns), the craftsmen, artisans, merchants, and others, who constituted “the bourgeoisie".