WORLD HISTORY

Detailed explanation-1: -In the theory of Karl Marx, the term proletariat designated the class of wage workers who were engaged in industrial production and whose chief source of income was derived from the sale of their labour power.

Detailed explanation-2: -The proletariat (/ˌproʊlɪˈtɛəriət/; from Latin proletarius ‘producing offspring’) is the social class of wage-earners, those members of a society whose only possession of significant economic value is their labour power (their capacity to work). A member of such a class is a proletarian.

Detailed explanation-3: -The concept of a revolutionary proletariat was first put forward by the French revolutionary socialist and radical Auguste Blanqui.

Detailed explanation-4: -Marx wrote that the industrial capitalists and others using private property to make profits made up the oppressive class of his time. Marx called this class the bourgeoisie, which used its wealth and control over government to exploit the industrial working class. Marx named this class the proletariat.

Detailed explanation-5: -The bourgeoisie are the people who control the means of production in a capitalist society; the proletariat are the members of the working class. Both terms were very important in Karl Marx’s writing.