Evaluate the Usefulness of the Theories of Class of Marx for an Understanding of Patterns of Inequality in Modern Industrialised Societies

Evaluate the usefulness of the theories of class of Marx for an understanding of patterns of inequality in modern industrialised societies.
The cornerstone of Marx's class theory is the premise that "the history of all hitherto existing society is the history of class struggles".
He perceived society as fundamentally divided between classes in pursuit of conflicting class interests. For Marx, class is defined and structured by the relations concerning; work and labour, and ownership or possession of property and the means of production. …