Marxian Theory versus Weberian TheoryBoth Karl Marx and Max Weber offer valid approaches to social class in modern capitalist society, although they are very different from each other. Capitalist society is a type of society. in which private ownership of the “means of production” is the dominant form of providing the things necessary for survival. What distinguishes capitalism from other types of society is its emphasis on property rights and the right of each owner to use capital as they see fit. Karl Marx's approach was, at first, the most compelling theory of social classes. However, neo-Marxists (Marxists of the last generation) developed the same ideas but in different ways. There is therefore no single Marxist point of view today. Marx believed that economic processes were of great importance in society, such as the exploitation of natural resources, the production of goods, the development of new technologies, and the establishment of a division of labor within the workforce. 'artwork. These are important because for these things to happen, members of society must come together. They therefore enter into social class relationships. Social classes emerged when society developed a more specialized division of labor and introduced private property. Marx argued that under capitalism there are two main classes: 1. The Bourgeoisie (capitalists)2. The Proletariat (the workers). These two classes are defined by their relationships with productive resources, such as land, factories, machines, raw materials, etc. these are known as “means of production”. The Bourgeoisie owns the “means of production”. production'. They therefore occupy a much higher and more powerful economic position in society. Workers can only live in... middle of paper ...... the gist suggests that the main difference is that Marxists view class relations as based on exploitation and domination within the means of production, while Weberians see classes coming from positions. on the market. Marxists believe that social class is based on the means of production, but Weberians believe that power and status matter more. Marxists have 2 main classes and Weberians have a much more complicated class system. So, in conclusion, Marxists believe that social class in modern society is based on ownership of the means of production and the two-class model. Weberians believe that social class in modern society depends on positions in the market, which has many more classes. Both Marxian and Weberian theories are very good and I think they are theoretically correct to a certain extent. However, no one will know for sure who has the best theory..