Need to redefine, reinterpret Marxist philosophy for effective use in contemporary world : Oli

Nepal's Prime Minister K P Sharma Oli today underlined the need to redefine and reinterpret the Marxist philosophy, saying a new thinking was required to effectively use Marxism in the contemporary world.

Oli, who is also the chairperson of the ruling Nepal Communist Party (NCP), while inaugurating an international seminar on "Marxism and Socialism" organised by the party here to mark the bi-centennial of Karl Marx, also said that it is necessary to prove that the progress of humanity and end to social exploitations were possible only by following the ideology.

The Communist Party of Nepal-UML, led by Oli and CPN-Maoist Centre formally merged on May 17 to form the Nepal Communist Party (NCP).

"It is necessary to redefine Marxism in order to prove that freedom, liberation and end to exploitation is possible only under Marxism. Our principles of a people-oriented state and the governance system of competitive democracy are coherent," the Prime Minister said, adding "a new thinking is required to successfully and effectively use Marxism in the contemporary world."