What was the opinion of Karl Marx about socialism?

A.VERIFIED ANSWERfact-checked by tutors

Karl Marx was a thinker and scholar as well. He is also called “the Father of Modern Communism”. He developed socialism on scientific lines. His ideas on socialism or communism are incorporated in ‘Das Capital.

According to him, capitalism is the root cause of all social evils and hence it should be done away with.
In socialism there is no place for private property.
All the units of production should be nationalized.
Capitalism in itself has the seeds of its own destruction.
Industrial workers are a force which could destroy capitalism and establish socialism.

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