Karl Marx along with his friend and intellectual partner Frederick Engels wrote Communist Manifesto in 1848

Karl Marx along with his friend and intellectual partner Frederick Engels wrote Communist Manifesto in 1848. In the Communist Manifesto, Marx and Engels have criticized capitalism, highlighted its drawbacks, and have proposed a new social system. They have criticized capitalism by stating that it is nothing but class exploitation. Capitalism has divided the people into two classes that include bourgeois (the ruling class) and proletarians (the working class). The bourgeois are the ones who are in control of all the means of production and they make proletarians work to earn capital for them. Proletarians or the labors are mere producers and do not get any benefit from their production. Instead, the capitalists make all the profits and accumulate wealth and do not pay the workers related to the cost of what they produce.
The Communist Manifesto has greatly emphasized on the troubles of the laborers in the industrial society. The authors have described that a worker in industrial capitalism is commodified. The workers are seen as a part of the machinery and are only important for the production of objects that are to be sold in the market. The workers are also alienated as they are separated from the product and have no control over their creation. Marx and Engels have also stated that in order to expand the market for their products, the capitalists would move to other countries as well. They have predicted that the constant need for acquiring new markets and cheap labor would result in now what we call globalization.
However, they have also praised this new industrial transformation as it would eradicate old feudal systems and would unite proletariats enabling them to bring a communist revolution against the exploitation they face. It would enable them to create a new social system where they would be the one to gain benefits from their products.