History of socialism French revolution, as well as from the German philosophy of GWF Hegel, and English political economy, particularly that of Adam Smith and David Ricardo. Marx and Engels developed a body of ideas which they called scientific socialism, more commonly called Marxism. Marxism comprised a theory of history (historical materialism) as well as a political, economic and philosophical theory. In the "Manifesto of the Communist Party", written in 1848 just days before the outbreak of the revolutions of 1848, Marx and Engels wrote, "The distinguishing feature of Communism is not the abolition of property generally, but the abolition of bourgeois property".
Revolutions of 1848 in the Austrian Empire of Hungary's economic, social, and political life: These demands were not easy for the imperial court to accept, however, its weak position provided little choice. One of the first tasks of the Diet was abolishing serfdom, which was announced on March 18, 1848. The Hungarian government set limits on the political activity of both the Croatian and Romanian national movements. Croats and Romanians had their own desires for self-rule and saw no benefit in replacing one central government for another. Armed clashes between the Hungarians and the Croats, Romanians, Serbs, along one border and Slovaks on the other ensued. In