Marxism is a series of philosophical critiques done by Karl Marx. What I suppose is more relative here, was Marx's critiques of classical capitalism and the relationships of class society within capitalism.

Marx never really expanded on his basic theory on capitalism beyond the bourgeoisie - the owners of the means of production (Employers) - and the proletariat - the laborer (Employees).

Marx's position on classical capitalism is that it was mutually self-defeating if not self-consuming, and inevitably required a new form of society via revolutionary transformation, that would inevitably be won by the proletariat class. This was the basis philosophy that spawned Leninism-Marxism, and communism.

What the mudsill theory is, is altogether different. It is not a doomsday critique of capitalism, but of a resolute embrace of capitalism requiring the perpetual class of low-income, poor working people serving as the forever foundation to the elite class of industrialists, magnates, tycoons, barons of industry and wealth and power, as the pillars of the economical institution.

Marxism was the philosophy that the mechanism of capitalism by design and by nature would inevitably lead to the exhausting of both the Earth's resources, and the labor force. That the very "logic" of Capitalism was self-defeating.

The Mudsill Theory was the exact opposite of Marxism. If you mean to say MY opinion of the Mudsill Theory is Marxism, that is also wrong: I've always believed in Capitalism, and think Empire Nations can be built through true Capitalism, but that there is a very distinct line between Capitalism and Greed, and very much of the evil doings in America is the result of straight-out pure greed being painted and propped up as Capitalism.

The Mudsill Theory by itself was mostly an attempt by slave-practicing southern states to retro-provide a logic and justification for the practice, in order to defend keeping and maintaining such practices. Similar to the creation of Southern Baptism as a religion.....

This post was edited on 4/24/20 at 9:11 am