USA HISTORY

Detailed explanation-1: -Marx’s theory of class defines classes in their relation to their ownership and control of the means of production. In a capitalist society, the bourgeoisie, or the capitalist class, is the class that owns the means of production and derives a passive income from their operation.

Detailed explanation-2: -In Marxist philosophy, the ruling class are the capitalist social class who own the means of production and apply their cultural hegemony to determine and establish the dominant ideology (culture, mores, norms, traditions) of the society.

Detailed explanation-3: -Marx defined the proletariat as the social class having no significant ownership of the means of production (factories, machines, land, mines, buildings, vehicles) and whose only means of subsistence is to sell their labor power for a wage or salary.

Detailed explanation-4: -In “The Ruling Class and the Ruling Ideas “(1970), Marx and Engels argue that the prevailing ideas of a particular society are formed by the ruling class to express and justify their position. This contrasts the view that ideas and values within a society exist separately from political or economical leadership.