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Explain the Historical context of Marxism (Paragraph Format)

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Marxism emerged in the mid-19th century within the historical context of profound social and economic transformations. It was a response to the immense changes brought about by the Industrial Revolution and the rise of capitalism. In this era, traditional agrarian societies were rapidly transforming into industrialized urban centers, characterized by mass production, urbanization, and the concentration of wealth in the hands of a few capitalists.Karl Marx, along with his collaborator Friedrich Engels, developed Marxism as a critique of the prevailing capitalist system. They observed the exploitation of the working class, the widening gap between the bourgeoisie (the capitalist class) and the proletariat (the working class), and the alienation of labor. They believed that capitalism inherently generated class struggle and social inequality.

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