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Flaws of Marxism. Marxâs communism appears quite logical if his assumptions are correct. However, many of his basic assumptions are in doubt and by his own standards of praxis determining the validity of philosophy communism has failed the test of historical application.
This inherent contradiction is the basis of societyâs division into classes, into the rich and poor. Itâs also the source of the crises of capitalism. Karl Marx and Friedrich Engelsâ vision was that socialism would do away with this contradiction by doing away with private appropriation altogether.tâs also the source of the crises of capitalism. Karl Marx and Friedrich Engelsâ vision was that socialism would do away with this contradiction by doing away with private appropriation altogether.