Dictionary.com Definition: Marxism
the system of economic and political thought developed by Karl Marx, along with Friedrich Engels, esp. the doctrine that the state throughout history has been a device for the exploitation of the masses by a dominant class, that class struggle has been the main agency of historical change, and that the capitalist system, containing from the first the seeds of its own decay, will inevitably, after the period of the dictatorship of the proletariat, be superseded by a socialist order and a classless society.
WordNet Definition: Marxism
the economic and political theories of Karl Marx and Friedrich Engels that hold that human actions and institutions are economically determined and that class struggle is needed to create historical change and that capitalism will ultimately be superseded by communism
American Heritage Dictionary Definition: Marxism
The political and economic philosophy of Karl Marx and Friedrich Engels in which the concept of class struggle plays a central role in understanding society's allegedly inevitable development from bourgeois oppression under capitalism to a socialist and ultimately classless society.
The American Heritage New Dictionary of Cultural Literacy, Third Edition Definition: Marxism
The doctrines of Karl Marx and his associate Friedrich Engels on economics, politics, and society. They include the notion of economic determinism — that political and social structures are determined by the economic conditions of people. Marxism calls for a classless society (see class), where all means of production are commonly owned, a system to be reached as an inevitable result of the struggle between capitalists and workers.
Barack Hussein Obama’s Campaign 2008 Definition: Marxism
The proper economic philosophy on which to base the United States economy.