Capitalist mode of production (Marxist theory) in the context of "Wage labour"

In sociology, the ruling class of a society is the social class who set and decide the political and economic agenda of society.

In Marxist philosophy, the ruling class are the class who own the means of production in a given society and apply their cultural hegemony to determine and establish the dominant ideology (ideas, culture, mores, norms, traditions) of the society. In the case of the capitalist mode of production, that class is the capitalist class, also known as the bourgeoisie.

Revolutionary socialism is a political philosophy, doctrine, and tradition within socialism that stresses the idea that a social revolution is necessary to bring about structural changes in society. More specifically, it is the view that revolution is a necessary precondition for transitioning from a capitalist to a socialist mode of production. Revolution is not necessarily defined as a violent insurrection; it is defined as a seizure of political power by mass movements of the working class so that the state is directly controlled or abolished by the working class as opposed to the capitalist class and its interests.

Revolutionary socialists believe such a state of affairs is a precondition for establishing socialism and orthodox Marxists believe it is inevitable but not predetermined. Revolutionary socialism encompasses multiple political and social movements that may define "revolution" differently from one another. These include movements based on orthodox Marxist theory such as De Leonism, impossibilism and Luxemburgism, as well as movements based on Leninism and the theory of vanguardist-led revolution such as the Stalinism, Maoism, Marxism–Leninism and Trotskyism. Revolutionary socialism also includes other Marxist, Marxist-inspired and non-Marxist movements such as those found in democratic socialism, revolutionary syndicalism, anarchism and social democracy.

Capital: A Critique of Political Economy (German: Das Kapital. Kritik der politischen Ökonomie), also known as Das Kapital (German: [das kapiˈtaːl]), is a foundational theoretical text in Marxist philosophy, economics, and politics by Karl Marx. His magnum opus, the work is a critical analysis of political economy, meant to reveal the economic patterns underpinning the capitalist mode of production. Das Kapital is in three volumes, of which only the first was published in Marx's lifetime (1867); the others were completed from his notes and published by his collaborator Friedrich Engels in 1885 and 1894.

The central argument of Das Kapital is that the motivating force of capitalism is in the exploitation of labour, whose unpaid work is the ultimate source of surplus value and profit. Beginning with an analysis of the commodity, Marx argues that the capitalist mode of production is a historically specific system where social relations are mediated by commodity exchange. He posits a labour theory of value, contending that the economic value of a commodity is determined by the socially necessary labour time required for its production. Under this system, the worker's capacity to labour (their labour power) is sold as a commodity, but its use-value—the ability to create new value—is greater than its exchange-value (the wage), allowing the capitalist to extract surplus value. This process drives capital accumulation, which in turn fosters technological change, the creation of a reserve army of labour, and a long-term tendency of the rate of profit to fall, leading to economic crises and intensifying class conflict.

The socialist mode of production, also known as socialism, is a specific historical phase of base and superstructural development and its corresponding set of social relations that emerge from capitalism in the schema of historical materialism within Marxist theory. Communist states that claimed to have established socialist material relations claimed to have established socialist states.

The Marxist definition of socialism is that of production for use-value (i.e., abolition of commodity production, direct satisfaction of human needs, or economic demands), therefore the law of value no longer directs economic activity. Marxist production for use is coordinated through conscious economic planning. According to Marx, distribution of products is based on the principle of "to each according to his needs"; Soviet models often distributed products based on the principle of "to each according to his contribution". Marx characterized the social relations of communism, the first stage of which is now called socialism, by the abolition of class distinctions and the common ownership of the means of production. As classes are abolished, the state withers away. Later self-titled communist states revised this definition of socialism and used the term more loosely as a rough equivalent to the dictatorship of the proletariat.

The capitalist state is the state, its functions and the form of organization it takes within capitalist socioeconomic systems. This concept is often used interchangeably with the concept of the modern state. Despite their common functions, there are many different sociological characteristics recognized as aspects of capitalist states.

The primary functions of the capitalist state are to provide a legal framework and infrastructural framework conducive to business enterprise and the accumulation of capital. Different normative theories exist on the necessary and appropriate function of the state in a capitalist economy, with proponents of laissez-faire favoring a state limited to the provision of public goods and safeguarding private property rights while proponents of interventionism stress the importance of regulation, intervention and macroeconomic stabilization for providing a favorable environment for the accumulation of capital and business.

Reformism is a political tendency advocating the reform of an existing system or institution – often a political or religious establishment – as opposed to its abolition and replacement via revolution.

Within the socialist movement, reformism is the view that gradual changes through existing institutions can eventually lead to fundamental changes in a society's political and economic systems. Reformism as a political tendency and hypothesis of social change grew out of opposition to revolutionary socialism, which contends that revolutionary upheaval is a necessary precondition for the structural changes necessary to transform a capitalist system into a qualitatively different socialist system. Responding to a pejorative conception of reformism as non-transformational, philosopher André Gorz conceived non-reformist reform in 1987 to prioritize human needs over capitalist needs.

A people's democratic state is a communist state formation. According to the Marxist–Leninist theory of people's democracy, it purportedly tries to transition society from a capitalist mode of production to a socialist mode of production after a successful people's democratic revolution. This process transforms the people's democratic state into a socialist state.

According to Marxist–Leninist theorists, the people's democratic state is socialist-type state, but not a socialist state itself. The form of government of people's democratic states is unified state power of the supreme state organ of power, under the leadership of the ruling communist party. Despite this, forms of government have not always been identical in different states, with some slight institutional differences.