Episode 7 - On Marxism Chapter 1

Democratic Socialism. Socialism. Karl Marx. Marxism. Communism. You've heard these words a ton recently and will continue to do so. However, what do they exactly mean? Where did these theories originate? Are they confined solely to economics? Do they tread upon reality and by extension morality? What is an objectively fair way to view these ideas? 

Also, I allude to the 1963 Communist Goals so I've included a link to them here:

Communist Goals Congressional Record (1963) | Hankering for History