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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.
LINK / CITE ADD TO WORD LIST. noun. The definition of Marxism is the theory of Karl Marx which says that society's classes are the cause of struggle and that society should have no classes.An example of Marxism is replacing private ownership with co-operative ownership.INK / CITE ADD TO WORD LIST. noun. The definition of Marxism is the theory of Karl Marx which says that society's classes are the cause of struggle and that society should have no classes.