The transition from feudalism (and manorialism) to capitalism best reflects Karl Marx’s Overall Theory of Communism The impact that an economy’s dynamic relations of production has on its static forces of production. The impact that an economy’s dynamic forces of production has on its static relations of production. Karl Marx’s falling rate of profit The permanence of a society’s economic and social superstructure.
communism includes the transition,the sole criterion for production is use-value. therefore the law of value no longer directs economic activity.marxist production for use is coordinated through conscious economic planning.disribution of products is based on the principle of to each according to his contribution.the social relations of socialism are characterized by the proletariat effectively controlling the means of production, either through cooperative enterprises or by public ownership or private artisanal tools and self-management. surplus-value goes to the working class hence society as a whole.marx himself did not use the term socialis to refer to this devvelopment.instead ,marx called it a communist society that has not yet reached its higher stage.
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