Can you describe what class conflict is according to Marx?
Karl Marx described class conflict as a struggle between the proletariat and the bourgeoisie. In this context, the proletariat refers to workers who sell their labour for a living. The bourgeoisie refers to capitalists who instead gained income from owning capital. Marx believed class conflict was inherent to society and would with time inevitably result in the proletariat rising up against what he perceived to be exploitation by the bourgeoisie. He described the income earned by the bourgeoisie as surplus which rightly belonged to the workers but was extracted by the capitalists.

Modern economics rejects Marx's views, noting instead that the income gained by capitalists functions as compensation for risk-taking and serves a key purpose in encouraging innovation and entrepreneurship.
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### Instruction:

Can you describe what class conflict is according to Marx?

### Response:

Karl Marx described class conflict as a struggle between the proletariat and the bourgeoisie. In this context, the proletariat refers to workers who sell their labour for a living. The bourgeoisie refers to capitalists who instead gained income from owning capital. Marx believed class conflict was inherent to society and would with time inevitably result in the proletariat rising up against what he perceived to be exploitation by the bourgeoisie. He described the income earned by the bourgeoisie as surplus which rightly belonged to the workers but was extracted by the capitalists.

Modern economics rejects Marx's views, noting instead that the income gained by capitalists functions as compensation for risk-taking and serves a key purpose in encouraging innovation and entrepreneurship.
