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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.
Marxâs lack of faith in a socialist revolution in Russia was later challenged by Lenin. The Bolshevik leader was an advocate of Marxism but not a strict doctrinaire; he was prepared to adapt Marxâs theories to include own, developing an ideology which has since become known as Leninist-Marxism.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.