when was the marxism theory was developed
But regardless of this, Marxism â or at least an adapted form of it â was critical to the development of the Russian Revolution of October 1917. 1. Marxism is a theory of politics, economics and history developed by Karl Marx in the mid-1800s.2. It argues that society progresses through phases, which are determined by ownership of capital.3.ut regardless of this, Marxism â or at least an adapted form of it â was critical to the development of the Russian Revolution of October 1917. 1. Marxism is a theory of politics, economics and history developed by Karl Marx in the mid-1800s. 2.