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Religious views on business
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As an economic system, capitalism has been credited in the creation of enormous prosperity. However, it has also been criticized for its impact upon working people, or those who do not own the means of production. The writings of Marx, Engels and Weber describe the effects of capitalism upon a laborer as being characterized by dehumanizing treatment, the commodification of both labor and self, and exploitation. Labor unions offer the possibility of meaningful resistance to these effects, through the creation of solidarity and the enforcement of legal protections against employer abuses. Capitalism dehumanizes those who labor under it. Marx says of the worker, that “He has become an appendage of the machine, and it is only the most simple, …show more content…
“These laborers, who must sell themselves piecemeal, are a commodity, like every other article of commerce, and are subsequently exposed to all the vicissitudes of competition, to all the fluctuations of the market.” (The Communist Manifesto, p.5) This sense of oneself as a commodity leads to competition and divisiveness among workers, as each is forced to promote themselves as more efficient, and more cost effective than their fellow workers. “The workers do not only compete by one selling himself cheaper than another; they compete by one doing the work of five, ten, twenty; and the division of labor, introduced by capital and continually increased, compels the workers to compete among themselves in this way.” (Wage Labor and Capital, p.214) The sense of competition that capitalism encourages among the proletariat may also prevent them from recognizing their shared struggle and organizing to fight back. “This organization of the proletarians into a class, and, consequently, into a political party, is continually being upset again by the competition between the workers themselves.” (The Communist Manifesto, …show more content…
The justification for the exploitation of workers can be found in this idea of a calling. “Of course,” Weber argues,”the entire corpus of literature on asceticism, which is drawn from almost all religions [East and West], is permeated with the point of view that loyal work is highly pleasing to God, even if performed for low wages by people at a great disadvantage in life and without other opportunities” (The Protestant Ethic and the Spirit of Capitalism, p.175) but under capitalism, it became a justification for the exploitation of workers. By depicting work as a sacred obligation and discouraging people from seeking a better life in the name of obedience to God, “…Protestant asceticism provided a formal validation to the exploitation of this particular willingness to work.” (The Protestant Ethic and the Spirit of Capitalism, p.175) Even in today’s secular society, the effect remains, wherein “work in a calling becomes endowed with a peculiarly objective impersonal character, one in the service of a rational formation of the societal cosmos surrounding us.” (The Protestant Ethic and the Spirit of
Modern industry has replaced the privately owned workshop with the corporate factory. Laborers file into factories like soldiers. Throughout the day they are under the strict supervision of a hierarchy of seemingly militant command. Not only are their actions controlled by the government, they are controlled by the machines they are operating or working with, the bourgeois supervisors, and the bourgeois manufacturer. The more open the bourgeois are in professing gain as their ultimate goal, the more it condemns the proletariat.
Marx states that the bourgeoisie not only took advantage of the proletariat through a horrible ratio of wages to labor, but also through other atrocities; he claims that it was common pract...
“The need of a constantly expanding market for its products (.) chases the bourgeois over the whole surface of the globe” (Marx, 212) and creates a world that cannot exist without the separation of workers and owners and competition for the lowest price. The struggle between the bourgeois and the proletariat begins when the labor of the worker becomes worth less than the product itself. Marx proposes that our social environment changes our human nature. For example, capitalism separates us from the bourgeois and proletariat because it alienates us from our true human nature, our species being, and other men.
Most importantly for those who Marx feels capitalism has an adverse effect on, the proletariat. Marx in The Communist Manifesto explains what capitalism is and what it is to be a capitalist: "To be a capitalist is to have not only a purely personal but a social status in production. Capital is a collective product, and only by the united action of many members, nay, in the last resort, only by the united action of all members of society, can it be set in motion." (Marx, K., Engels, F. and Berman, M. (2011)). Through such a definition of capitalism, he adamantly stresses that capitalist state is selfish, one that has been manufactured by the desire of individuals to have a greater material wealth than his societal
The Communist Manifesto was published in 1848, a period of political turmoil in Europe. Its meaning in today’s capitalistic world is a very controversial issue. Some people, such as the American government, consider socialism taboo and thus disregard the manifesto. They believe that capitalism, and the world itself, has changed greatly from the one Marx was describing in the Manifesto and, therefore, that Marx’s ideas cannot be used to comprehend today’s economy. Others find that the Manifesto highlights issues that are still problematic today. Marx’s predicative notions in the Communist Manifesto are the key to understanding modern day capitalism.
Under the oppression of the bourgeoisie, the proletariats, who composed the mass majority, only owned one resource—their labor. However, the bourgeoisie could not continue to exist without the instruments of production. Since the common worker lived only so long as they could find work, and could only work so long as their labor increases capital, they continued to be oppressed by the bourgeoisie, who controlled the capitalist society by exploiting the labor provided by the proletariats. People sell their laboring-power to a buyer, not to satisfy the per...
Karl Marx does not agree with capitalism and views it as a system that incapacitates workers and places them in a category that will almost never attain the wealth that their owners/employers have. Capitalism oppresses its citizens and makes them believe that a capitalist society is best. Society has been able to benefit greatly from capitalism but a major fault in capitalism is the dependency that exists between capitalism and us. The disproportion of wealth amongst the rich and poor in America creates and maintains a group of Americans that will either have too much money and another group that struggles to ascertain a piece of that wealth but will almost never reach the same level of wealth.
During the Industrial Revolution, there was a clear division between two classes, the proletariats and the bourgeoisie. The proletariats were mostly the working class. They were the laborers who were in the factories, doing the work that the proletariat class paid them to do. The bourgeoisie were the business owners, the people who had property and made money off of it. Some believed that the proletariats only wanted to make money off of the bourgeoisie’s work but that they did not care much for them. If it were to make them money, they’d make the bourgeoisie do it for them. This, shows a bit of capitalism by way of the bourgeoisie.
To begin with, capitalism is a type economic system. Simply put, capitalism is the system where workers work for the capitalist and receive wages for their labor. In, Wage-Labour and Capital, Marx explains the exchange between the capitalist and their workers in regards to wages and labor. He wrote:
As capitalism expands, the number of workers exploited, and the degree of exploitation, increases. The tendency for the level of exploitation to escalate leads to more and more resistance on the part of the proletariat. There begins to be more and more exploitation and oppression, which then leads to a confrontation between the two classes. The reality in life in capitalism is hidden while illusion is seen as a fact. The capitalists exploit the proletariat, but the belief is that the abilities of the capitalists only lead to success for the worker. As more and more capitalists exploit the proletariat, the numbers will keep adding up which will cause a move toward a communist society. I believe that this cause of the exploitation is due to several factors. Workers are forced to act inhuman in the workplace by not communicating with anyone in the setting. Talking meant that there was more work that needed to be done. People were working to survive for food and shelter, while their wages were cut by the higher power. People were also forced to compete with one another. Whoever produced more or worked more quickly got a benefit of some reward. People are forced to work like animals. Their consciousness is numbed and it destroys relations with other humans and with nature.
Communism, socialism, and capitalism are the three basic forms of economical systems, each evident in the world. Although Karl Marx is portrayed as the father of communism, Marx is able to provide a substantial amount of information about the capitalistic world. In his work, “Capital (1867)”, Marx discusses the nature of commodities, wages, and the relationship between a worker and the capitalist economic system. As a result, Marx portrays workers as human beings who have been exploited in order to maximize production and profit in a capitalistic society. Although Karl Marx wrote “Capital (1867)” over a century ago, Marx’s arguments concerning the various uses of human labor, commodities, and values, have remained relevant in the United States
Max Weber’s work The Protestant Ethic and the Spirit of Capitalism is arguably one of the most important works in all of sociology and social theory, both classical and modern. In the decades since its inception, this work has gone on to influence generations of social scientists with its analysis of the effect of Protestantism on the development of modern industrial capitalism. This work, examining such broad topics as religion, economics, and history, is not only an interesting and insightful look into the history of the development of capitalism, but a major work in laying a foundation for future works of social theory. Max Weber’s main contention in this work is that what he calls the “Protestant Ethic” played a vital role in fostering the development of industrial capitalism in Europe and the United States. The Protestant Ethic was the idea found in some sects of Protestantism that one had a duty to God to succeed in their life’s work, but were bound to a lifestyle of asceticism that prevented them from spending the wealth they earned on themselves.
Karl Marx’s critique of political economy provides a scientific understanding of the history of capitalism. Through Marx’s critique, the history of society is revealed. Capitalism is not just an economic system in Marx’s analysis. It’s a “specific social form of labor” that is strongly related to society. Marx’s critique of capitalism provides us a deep understanding of the system to predict its pattern and protect ourselves from its negative sides.
“Under capitalism workers receive only a small fraction of the wealth that they alone produce, while the lion’s share goes to the capitalist owners and to the bankers, landlords, insurance companies, lawyers, politicians, and all the other parasites who live off the back of labor and perform no useful work.” (SLP). Thus, laborers are paid much less than the value of the labor that they contribute. As Karl Marx said, this is stealing, or exploitation of labor. The wages for these laborers are often too small to live off of.... ...
The capitalist is motivated by being rewarded wealth. Capital can only multiply by giving itself in return of labor power. This exchange is based on specified percentages. For example, after a long 12 hours of weaving the worker is only compensated two shillings. They attain residual wealth by taking advantage of workers. These workers are being compensated less than the value of their work. The workers endure great deals of exploitation. Workers put their labor power into effect to acquire means of survival which makes existence possible. The amount of commodities is based on the cost of life and the workers’ work ethic. Marx foreseen that class conflict between the bourgeoisie and proletariat would result in the collapsing of capitalism. The motivations of the capitalist and the workers create conflict because the capitalist attempt to uphold capitalism by advocating their principles, beliefs, and fabricated perceptions that prevent proletariats from rebelling. Once the two classes conflict with one another the cla...