MARXIAN THEORY ON PRIVATE PROPERTY

AUTHOR – B.MONIKA, ASSISTANT PROFESSOR AT MOTHER TERESA LAW COLLEGE, PUDUKKOTTAI

BEST CITATION – B.MONIKA, MARXIAN THEORY ON PRIVATE PROPERTY, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 5 (1) OF 2025, PG. 384-392, APIS – 3920 – 0001 & ISSN – 2583-2344.

ABSTRACT

Karl Marx divided society into two people namely Bourgeoisie and Proletariat. Marx’s concept emanated from the hostile capitalistic society. In his view the proletarian world outlook is the main body of the theoretical edifice of property rights. Those laws are simply a reflection of the desires of the Bourgeoisie class in his Communist Manifesto, that the will of this Bourgeoisie class made the law based on their economic conditions of their class.The property owners inorder to possess the means of production they hold on possession of the labor of the workers. Employer Minority class afford partial amount as consideration to working class for the massive profit gain by selling the proletarian labor. Private property and its abolition were discussed in this article.