Question
According to Karl Marx what is the role of Economy or the ownership of property in determining the organisation of the society ?
Solution
1. Karl Marx believed that economy or the ownership of property provides the basic infrastructure to any society on which the super structure of legal and political institutions, as well as ways of thinking, ideologies and philosophies are constructed.
2. In every society, men enter into social relations which impose themselves on individuals independent of their preferences.
3. In reality, Karl Marx’s basic assumption was, “the economic organisation especially the ownership of property determines the organisation of the rest of the society. The class structure and institutional arrangements as well as cultural values, belief, religious, dogmas and other ideal systems are ultimately a reflection of the economic base of a society.”
