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Analysis of capitalism
Explanation of capitalism essay
Explanation of capitalism essay
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Through Karl Marx’s analytical comprehension of Modernism, he deduced that society needs a new system of government and economics. Capitalism unsuccessfully lives up to the expectations of a Modernist society, but only through Marxism, a society will truly enter into a modernist era. Karl Marx understands Modernism as everyone is created equally with the ability to interpret, and so societies government and economic functions must reflect that. Capitalism is nothing more than a reshaped form of pre-modernism, but Marxism, through its redistribution of wealth, treatment of all as equals, forsaking of self for the group, and the fundamental idea that everyone owns everything, is how a society needs to function if it desires to truly embrace Modernism. …show more content…
A primary mode of production for Capitalism comes from the exploitation of the working class. Pre-modernism divided itself into two primary groups, the bourgeoisie and the proletariat; the proletariat’s purpose revolves around submitting itself to the requests of the bourgeoisie, whose only return is a sort of protection of some kind. In Pre-modernism and, as Marx believes, Capitalism hinges on the exploitation of a lower class. For Marx, the rich use Capitalism in order to exploit the working class in a similar way the nobility exploits the servanthood, the difference being Capitalism harbors itself in the realm of production—the area where things are made and the capitalist exploits surplus labor from the working class. “Marx depicts capitalism as ‘produce[ing]…its own gravediggers’ in an ever-growing mass of exploited and dispossessed humanity that will eventually rebel and inherit capitalism’s accomplishment – the spectacular productive capacity generated by its life drive” (Brown, pg. 93). Through the exploitation of the working class, the proletariat, Capitalism finds its means of value for the individual, where Marxism finds value for the group through the equality of
In Marx’s opinion, the cause of poverty has always been due to the struggle between social classes, with one class keeping its power by suppressing the other classes. He claims the opposing forces of the Industrial Age are the bourgeois and the proletarians. Marx describes the bourgeois as a middle class drunk on power. The bourgeois are the controllers of industrialization, the owners of the factories that abuse their workers and strip all human dignity away from them for pennies. Industry, Marx says, has made the proletariat working class only a tool for increasing the wealth of the bourgeoisie. Because the aim of the bourgeoisie is to increase their trade and wealth, it is necessary to exploit the worker to maximize profit. This, according to Marx, is why the labor of the proletariat continued to steadily increase while the wages of the proletariat continued to steadily decrease.
Marx believes there is a true human nature, that of a free species being, but our social environment can alienate us from it. To describe this nature, he first describes the class conflict between the bourgeois and the proletariats. Coined by Marx, the bourgeois are “the exploiting and ruling class.”, and the proletariats are “the exploited and oppressed class” (Marx, 207). These two classes are separated because of the machine we call capitalism. Capitalism arises from private property, specialization of labor, wage labor, and inevitably causes competition.
According to Marx, capitalist system has another damage rather than class differentiation and low source of income. This damage is basically alienation of labor. Labors are being fundamentally alienated from production, production process, man’s species being and also from other men. Those are the alienation steps of workers in capitalist world. According to communist theory Marx believes that in such system society divides into two different classes; on one hand there are property owners so called bourgeoisie and on the other hand property less workers so called proletariats. For Marx the class stratification that driven from private ownership causes to alienate workers from the existence world. It begins that property less workers become alienated from the product that they produce. Worker relates to...
Karl Marx 's writing of ‘The Communist Manifesto’ in 1848 has been documented by a vast number of academics as one of the most influential pieces of political texts written in the modern era. Its ideologically driven ideas formed the solid foundation of the Communist movement throughout the 20th century, offering a greater alternative for those who were rapidly becoming disillusioned and frustrated with the growing wealth and social divisions created by capitalism. A feeling not just felt in by a couple of individuals in one society, but a feeling that was spreading throughout various societies worldwide. As Toma highlights in his work, Marx felt that ‘capitalism would produce a crisis-ridden, polarized society destined to be taken over by
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...
Commodity fetishism has blinded people into believing that value is a relationship between objects, when in reality, it is a relationship between people. This in turn, prevents people from thinking about the social labor condition workers have to endure; they only care and value about how much objects costs. They think that the source of the value comes from the cost, but it truly comes from labor (FC). Through this objectification stems alienation and estrangement. Marx starts with the assumption that humans have an intrinsic quality. As human beings, individuals like to be create and manipulate his or her environment. Creating is a part of people; therefore, people their being into their creations. However, Marx postulates that capitalism and specialized division of labor separates that working class from their creations in four ways- through alienation from the product, the labor process, one’s species-being, and humanity itself. The working class suffers through this hostility to make create more wealth for owners of factories. They get trapped in a cycle to make products for profit, but as automation advances, machines begins to take over people’s jobs; therefore, there less employment opportunities available, which in turn allows factory owners to decrease wages and exploit and devalue the working class (EL). In the The Poverty
In the Communist Manifesto, Karl Marx, with the help of Friedrich Engel, advocated for the violent overthrow of capitalism and the creation of a socialist society. According to Marx, “The history of hitherto existing society is the history of class struggles” (184). Notably, Marx and Engel were the main proponents of communism. Marx’s main argument was that the society is the product of class conflict that results in different social classes with opposing economic interests. Importantly, Marx believed that the society comprised the oppressor and the oppressed, and the two are in constant conflict with each other. The ensuing conflict results in the revolutionary reorganization of the society, or the ruin of the opposing classes. Therefore, Marx, like Kant, saw the institutions of a given society as influential in determining its future. However, Marx argued that traditional institutions were unsuitable for a free and just society that respected human dignity. For example, he saw the modern bourgeoisie society as a product of the “ruins of feudal society,” meaning that the modern society is yet to resolve class antagonisms (184). Indeed, he sees the modern-day social classes as the products of the serfs and burgesses of the middle ages. In this regard, he claimed that the modern social structures are the products of a sequence of revolutions in the systems of production, as well as exchange. However, modern social structures are yet to enhance equity in the society. Therefore, Marx advocated for a revolution that would change the existing social structures and prepare the society to adopt communism. Unlike Kant’s idea of freedom of speech, which is a mind influencing process, Marx seemed more violent by the stating that “let the ruling classes tremble at a communistic revolution”
Karl Marx noted that society was highly stratified in that most of the individuals in society, those who worked the hardest, were also the ones who received the least from the benefits of their labor. In reaction to this observation, Karl Marx wrote The Communist Manifesto where he described a new society, a more perfect society, a communist society. Marx envisioned a society, in which all property is held in common, that is a society in which one individual did not receive more than another, but in which all individuals shared in the benefits of collective labor (Marx #11, p. 262). In order to accomplish such a task Marx needed to find a relationship between the individual and society that accounted for social change. For Marx such relationship was from the historical mode of production, through the exploits of wage labor, and thus the individual’s relationship to the mode of production (Marx #11, p. 256).
In his Manifesto of the Communist Party Karl Marx created a radical theory revolving not around the man made institution of government itself, but around the ever present guiding vice of man that is materialism and the economic classes that stemmed from it. By unfolding the relat...
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
Inspired by the works of Karl Marx, V.I. Lenin nonetheless drew his ideology from many other great 19th century philosophers. However, Marx’s “Communist Manifesto” was immensely important to the success of Russia under Leninist rule as it started a new era in history. Viewed as taboo in a capitalist society, Karl Marx started a movement that would permanently change the history of the entire world. Also, around this time, the Populist promoted a doctrine of social and economic equality, although weak in its ideology and method, overall. Lenin was also inspired by the anarchists who sought revolution as an ultimate means to the end of old regimes, in the hope of a new, better society. To his core, a revolutionary, V.I. Lenin was driven to evoke the class struggle that would ultimately transform Russia into a Socialist powerhouse. Through following primarily in the footsteps of Karl Marx, Lenin was to a lesser extent inspired by the Populists, the Anarchists, and the Social Democrats.
Karl Marx, in the Capital, developed his critique of capitalism by analyzing its characteristics and its development throughout history. The critique contains Marx’s most developed economic analysis and philosophical insight. Although it was written in 1850s, its values still serve an important purpose in the globalized world and maintains extremely relevant in the twenty-first century.
Karl Marx was a philosopher, a sociologist, economist, and a journalist. His work in economics laid a foundation for the modern understanding of distribution of labor, and its relation to wealth generation. His theories about the society, economic structure and politics, which is known as Marxism led to him developing social classes. He later on showed how social classes were determined by an individual’s position in relation to the production process, and how they determine his or her political views. According to Karl Marx, capitalism was a result of the industrial revolution. Capitalism is a system that has been founded on the production of commodities for the purpose of sale. Marx defined the
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...
He is known worldwide for his numerous theories and ideas in regards to society, economics and politics. His outlook on these subjects is known as Marxism. Marxism focuses on the imbalance and struggle between classes and society. Marx’s theories stem from the concept of materialism based society and the implications thereof. These concepts leads to the Marxist theory of the failure of capitalism. Marx had a number of specific reasons for the downfall of capitalism yet capitalism remains very real and successful. Marxism covers a wide range of topics and theories, but an in depth analysis of his criticism to capitalism and how it is not relevant to modern day will be explored.