Karl Marx And Private Property: The Right To Property

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The right to property, also known as the right to protection of property, is a human right and is understood to institute an entitlement to private property. The right of property is one of the most debated human rights, both in terms of its existence and interpretation. However, according to Karl Marx private property is the inevitable result of alienated labor or the product of the worker who is estranged from himself. It is reputed that the working class labors to produce products that belong to someone else, and that the reimbursement the working class receives is always less than the value of the product they create. The past readings in class have shown the theories in which Marx imposes the disadvantages of private property, and the rent of land in which the proletarian suffers and the bourgeois gains. One of the results of private property that Marx argues that it is the cause of the existence of estranged men, monopolies and alienated labor. The abolition of private property can be a summation of Communism theory, however the nature of this opposition is a controversial subject.
In definition, private property is the right of persons and firms to obtain, own, control, employ, dispose of, and bequeath land, capital, and other forms of property. Private property is different from public property in which public property are assets owned by state or government compared to a private business or individual. Yet, in Marx’s opinion, “private property is thus the product, the result, the necessary consequence of alienated labor, of the external relation of the worker to nature and to himself. Private property thus results by analysis from the concept of alienated labor, of alienated man, of estranged labor, of estranged life, o...

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...y can be hard to reach. In the history of Soviet Union alone, true Marxist’s would argue that the Soviets did not adopt true Marxist ideas, and the reason for this is probably due to the fact that his ideas are too unrealistic to exist in the real world. Also the idea that there are two-classes of people because of private property is simplistic since he dismisses the importance of wages and the power that they give to the working class. I believe that the worker is free to use his wages for the acquisition of property or employees for himself. Yet these past readings have given me an open mind on the different views of the capitalist world. Private property in another sense should not be abolished in my opinion, since it is a human right and would be impossible to abolish in today’s society. Marx’s criticism is of private property is based on the value of freedom.

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