According to Marist theory those who own and control the means of production in a capitalist society are
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According to Marxist theory, the group of people who own and control the means of production in a capitalist society are known as the bourgeoisie. The bourgeoisie are the wealthy class who own factories, land, and other means of production, and they derive their power from the fact that they control the economy. Marxists argue that the bourgeoisie exploits the working class by paying them low wages and keeping them in a state of poverty, while extracting surplus value from their labor. This exploitation, according to Marxists, is inherent in the capitalist system, and can only be overcome through a revolutionary overthrow of the bourgeoisie by the working class.