Question on: JAMB Government - 2007

According to Karl Marx,the mode of production that precedes capitalism is socialism.

Socialism is associated with Kari Marx and his basic ideas are used in socialist states. His theory is in most cases referred to as Marxism. Historical Materialism and Dialectical Materialism. Kari Marx maintained that each productive process has it mode of socio-economic relation. The various stages of production undergone by societies had their different modes of production. Such stages which every society must have to pass through include communalism, Feudalism and capitalism. Socialism came up as a protest movement against the evils of capitalism.

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