Karl Marx Research Paper

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Wherever Karl Marx went, he fought for what he believed in. He would organize workers’ movements as well as edit radical, communist newspapers. Marx and his family would get kicked out of the places he lived because of these things, but they never stopped him. Marx spent several years writing Das Kapital and The Communist Manifesto, which were about how capitalism will fall and why communism will be successful. Marx’s society was separated into two main groups, the capitalists and the proletariats. And he said that, in a capitalist society, workers would be making subsistence level wages while the capitalists would be receiving a majority of the income. Another one of Marx’s ideas is that the greedy capitalists will do anything they can to …show more content…

And the way that capitalists would increase their profits, is that they would increase the hours worked by the workers, but still pay them the same amount. For example, a worker normally works for eight hours a day and gets paid ten dollars an hour, so they make eighty dollars a day. Then, a capitalist whom employs the worker, increases the daily hours to ten hours a day but still pays the worker eighty dollars a day to make a profit. “Marx called this layer of unpaid work ‘surplus value’” (Heilbroner, 157). According to Marx, the capitalist would keep all of the surplus value while providing subsistence wages to their workers. Increasing surplus value from current workers is just the beginning of the cycle which will result in the fall of capitalism. Next, capitalists will increase production by hiring more workers, but this increases competition so wages will increase and profits will decrease. Then, the attempt to solve this problem, they will substitute laborers with machinery, but that won’t increase surplus value because they’ll need to keep purchasing machines in order to compete with rival firms. What will result is many businesses going bankrupt and workers will return but for cuts in wages. Surplus value and profits will return, but the whole cycle will repeat itself soon

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