ELI5: Explain Like I'm 5

Marxian economics

Marxian economics is a way of thinking about how different groups of people (like workers, or owners of businesses) interact with each other when it comes to money and trade. One of the main ideas of Marxian economics is that the working people or 'labor force' should get a bigger share of the money that comes from the sale of goods or services. The owners of businesses or 'capitalists' should get a smaller share. This idea is based on the belief that working people don't get the same fair share of profits as the capitalists, and that society should work to level the playing field. Marxian economics also discusses the idea of using government policy and legislation to give people in lower economic positions a better chance at success.