What is Marxism?

A system of economic, social, and political philosophy based on ideas that view social change in ... [BusinessDictionary.com] TERM OF THE DAY OCTOBER 7, 2016 [Marxism] [facebook] [twitter] A [system] of economic, social, and political philosophy based on ideas that view social [change] in terms of [economic factors]. A central tenet is that the means of [production] is the [economic base] that influences or determines the political life. Under Marxism, outdated [class] structures were supposed to be overthrown with [force] (revolution) instead of being replaced through patient [modification]. ... [Read more] USAGE EXAMPLE Some have pointed to the fall of states like the USSR as proof that Marxism does not work and that they retained the corruption and class systems that they were meant to end. FRIDAY QUIZ CHALLENGE QUESTION Document or information attached or added to clarify, modify, or support the information in the original document or written work. CHOOSE THE ANSWER [(A) mercantilism] [(B) clause] [(C) tax liability] [(D) addendum] TODAY'S LATEST [InvestorGuide Daily] [CSX Corporation Is Fighting to Survive in a Difficult Market] [CSX Corporation (CSX) is expected to deliver weak earnings growth for 2016. Poor results this year would follow a historically weak 2015. What's gone wrong? The higher end ...Read more] [InvestorGuide Stock of the Day] [Alnylam Pharmaceuticals (ALNY) Stock Pummeled After Suspending Revusiran Development] [Shares of Alnylam Pharmaceuticals, Inc. (ALNY) were off more than $30 or 44% percent on Thursday's premarket after news broke late yesterday that the company was ...Read more] RECOMMENDED LINKS [Business Dictionary Recommended] [How to Monitor Your Credit - For Free!] [There are a variety of credit monitoring services that can help you keep an eye on your credit throughout the year for a fee. Some fees are manageable at around ...] [BusinessDictionary.com] [Investor Guide Recommended] [How to Determine if a Broker is Suitable for Your Needs] [The broker functions like a salesman but, unlike someone pushing vacuum cleaners or refrigerators, simply persuading you to write a check does not legally constitute doing his ...] [InvestorGuide.com] [DQ] [What is more important - affirmative action or equal opportunity? Why?] [Have something to say? Don't be shy, answer this question and let us know what you think. Feeling adventurous? Then don't stop with one question and continue browsing!] [Daily-Question.com] DOWNLOAD OUR APP [Download BD Android] [Download BD iOS] Copyright 2016 WebFinance Inc. All Rights Reserved. BusinessDictionary.com Term of the Day is published by WebFinance Inc., the operators of [InvestorWords], [InvestorGuide], and [BusinessDictionary], and is sent only to those who have specifically requested it. [MANAGE SUBSCRIPTION] | [DISCLAIMER] 10201 Fairfax Boulevard, Suite 570, Fairfax, VA 22030