Karl Marx's Analysis Of A Capitalist System

Marx’s Analysis of a Capitalist System A free-market gives way to power and control to a certain group of individuals at the top of economic system, which results in inequality. The inequality sets the working class at a disadvantage because there is minimal to no intervention in protecting the workers. Karl Marx claimed that capitalism exploited the working class, which would eventually alienate the individual in a work setting, from himself, and humanity. In order to deter further alienation and exploitation of workers, Marx figured that the working class had to think alike in ordinance to the problem of a capitalist system to agree that social change was necessary. Marx claims that capitalism benefits owners, otherwise known as the bourgeoisie,

The contributions of a worker diminish once owners figure out ways to increase the means of production. If an employee is producing twenty pairs of shoes a day, and working ten long excruciating hours earning the minimum of ten dollars an hour. The company begins to incorporate new technology that speeds up the production process, and now the worker is producing forty pairs of shoes. If each pair of shoes is selling for forty-five dollars, then the total profit made is 1,800 dollars. After compensating the worker for their labor, the surplus value of that company is 1,700 dollars just accounting for one employee. If the new technology speeds up the process of production, then the worker may end up working less hours and her role makes less of an impact. Marx recognizes that the worker is an “expendable object that performs routinized tasks” in a capitalist economy (Appelrouth & Edles, 2016). The worker is at a disadvantage because companies will determine their decisions based on profiting over jeopardizing their economy by placing the worker first. Capitalism reinforces globalization because relocation tends to take place, and then there are individuals competing for labor and