Class conflictIn political science, the term class conflict (also class struggle, class warfare, capital-labour conflict) identifies the political tension and economic antagonism that exist among the social classes of society, because of socioeconomic competition for resources among the social classes, between the rich and the poor. In the political and economic philosophies of Karl Marx and Mikhail Bakunin, class struggle is a central tenet and a practical means for effecting radical sociopolitical changes for the social majority, the working class.
RevolutionIn political science, a revolution (revolutio, 'a turn around') is an attempt to achieve fundamental and relatively sudden change in political power and political organization. It typically involves a revolt against the government due to perceived oppression (political, social, economic) or political incompetence. Revolutions have occurred throughout human history and vary widely in terms of methods, success or failure, duration, and motivating ideology.
Market economyA market economy is an economic system in which the decisions regarding investment, production and distribution to the consumers are guided by the price signals created by the forces of supply and demand. The major characteristic of a market economy is the existence of factor markets that play a dominant role in the allocation of capital and the factors of production.
Proletarian revolutionA proletarian revolution or proletariat revolution is a social revolution in which the working class attempts to overthrow the bourgeoisie and change the previous political system. Proletarian revolutions are generally advocated by socialists, communists and anarchists. The concept of a revolutionary proletariat was first put forward by the French revolutionary socialist and radical Auguste Blanqui. The Paris Commune, contemporary to Blanqui and Marx, being viewed by some as the first attempt at a proletarian revolution.
State capitalismState capitalism is an economic system in which the state undertakes business and commercial (i.e. for-profit) economic activity and where the means of production are nationalized as state-owned enterprises (including the processes of capital accumulation, centralized management and wage labor). The definition can also include the state dominance of corporatized government agencies (agencies organized along business-management practices) or of public companies such as publicly listed corporations in which the state has controlling shares.
