How Did Karl Marx Understand The Industrial Revolution

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How Did Karl Marx Understand The Industrial Revolution

? In what ways did his ideas have an impact in the industrializing world of the nineteenth century?
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1.Marx saw the Industrial Revolution as the story of class struggle between the oppressor (the bourgeoisie, or the owners of industrial capital) and the oppressed (the proletariat, or the industrial working class). 2.For Marx, the Industrial Revolution bore great promise as a phase in human history, for it made humankind far more productive, thus bringing the end of poverty in sight. 3.However, according to Marx, capitalist societies could never eliminate poverty, because private property, competition, and class hostility prevented those societies from distributing the abundance of industrial economies to the workers whose labor had created that abundance.
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