Karl Marx’s theory of history, which is contained in his book, Capital, is that there is a conflict between the ruling class of society, the bourgeoisie, and the working class, the proletariat. Marx’s theory of history is called Historical Materialism.

The theory of historical materialism is the idea that economic and social conditions determine the course of history. Marx’s theory of History is a critique of capitalism, arguing that capitalism will eventually give way to a classless society.

In the theory of historical materialism, Marx examines the “material basis” of any society. This means that he looks at the economic factors that provide the economic infrastructure that any society is built on. In Marx’s view, the economic infrastructure shapes the superstructure of society