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Marx theory of capitalism
Karl Marx and his theory of capitalist society
Marx theory of capitalism
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Communist Manifesto written by Karl Marx and Friedrich Engels is their attempt to explain the goal of communism. They explained that class struggling or when one class exploits another is a result that is motivated by historical development. Their solution to all the exploitation and class struggle is communism. Where, the proletariats rise up against the bourgeoisies. Relationship in each class is defined by their source of production. Nevertheless, they end up not being compatible with the force of production they being placed with. Then, this end up with a revolution that will occur at this point and a new class appears and becomes the ruling class. Class conflicts in the society were characterized between the proletariat and bourgeoisie. …show more content…
However, capitalism bring with it, its production force which is not compatible and brings its exploitative relationship. According to Marx, with such relationship, the proletariats will have to start a revolution. This revolution according to Marx, will the make the proletariats rise and become the new ruling class, but, with the nature of their class they will not be able to appropriate a property. So, when they get control they will have to stop/end all ownership of private property, abolish capitalism and classes itself will disappear. The Communist Manifesto is divided into four sections, each section discussing the issues concerning the society, capitalism and how communism is better than other form of political system. The first section, Bourgeoisie and Proletariats talks about how the society has oppressed and is still oppressing the underclass without having any opportunity to rise. Furthermore, it talks about the historical pursuit of materialistically things and how capitalism has made the working class or the proletariats work under harsh conditions and how they have struggled with the means of production provided by the Bourgeoisies. The Bourgeoisies, constantly exploits the Proletariats labor power for he gain and of profits for themselves. This eventually will come back to bite the Bourgeoisies because, the working environment provided to the Proletariats will make them rise up against the Bourgeoisie. Marx and Engels, argues that such happening is inevitable and that capitalism is very unstable. They believed communism can promote this revolution and that annihilating social classes cannot be done through government but through a revolution. Marx and Engels started by stating the relationship of communism and the rest of working class and their support for communism and how it advocates for “free love”. That is the will not oppose other working class but will show general will and defend the interest of the proletariats unlike the other political economic system. They ended this section with a few demand like progressive tax income, abolition of private property and inheritance, and free public education and many more. He stated that the others who start a revolution did not fully understand the significance of the proletariats struggling therefore, he rejected there revolutions. He continued by stating the three problems which they face at least one: they depend on previous revolutions to solve present issues, they deny/refuse accepting those in cause of existing conflicts and finally, the do not accept revolution from the proletariats is the way to end the conditions of oppression. The third section, Socialist and Communist Literature differentiates communism from socialist ideology around at that time. They are being categorized as; reactionary socialism, bourgeoisie socialism, critical utopia socialism and communism. Marx and Engels ended up with a prediction of a world revolution that will follow after the various revolutions happen in the mid-nineteenth century in various countries like France, Switzerland, Poland and Germany. As a person living in the twenty-first century and knows about communism my first reaction is to do away with such acts and political system. We have grown up to believe that communism is bad, does not speak democracy and equal human rights. But on the other hand, after reading Marx and Engels Communist Manifesto, you then get to understand what they might have visualized for communism and what their interpretation might have been rather than what we grew up knowing. Not saying that Communism is the best has they indicated, but while looking at it communism as we interpret it right now is not from how reading in the communist manifesto but from how it has been practiced in more recent years by leaders like Lenin, Stalin, Castro, Mao and many more. Marx and Engels claim that communism will help the proletariats rise up from their struggling class, they also had some predictions about capitalism which is come through now in the twenty-first century making it more fascinating since those predictions were made in the mid-nineteenth century.
I do with agree with some of Marx’s claims about capitalism due to I could see some substantial prove right now that it indeed happening. That is although, some of his prediction might have seem unrealistic we could also say some of his predictions have come to pass. For instance, in an article published by Rolling Stones in 2014 stating some of Marx’s critique and predications of capitalism and how his analysis is happening right now. First, the Great recession which Marx described as Capitalism chaotic nature? Marx argued that the relentless pursuit of profit will drive companies over labor their workers, producing more and more goods and depriving the workers from their wages until they can no longer purchase what they have manufactured/created. The great depression and much other economic turbulence can be linked to Marx’s term “fictitious capitalism”. We produce and produce till there is no one left to purchase the product. Just like what happened to the housing market in 2008 and we are still going in circles. Decades of inequalities made people go in debt and crashing hardly. Another Marx prediction is Imaginary appetites for instance the iPhone. Marx was concerned of how capitalism will lead consumers to concentrate high value on products and would over time lead to what he called imaginary appetite. This is what we see in the society today where we enjoy incredible luxury and yet are driven by constant need or more items to buy. Just like an iPhone, consumers tend to buy every year a different one comes out but the question here should be what is the different between the iPhone 6s you may own now and is it really different from the iPhone 6 we had last year or
the iPhone 5s we had last two year or other iPhones that we have had years before that? While people in China fall sick with cancer from e-waste, multinational companies are more concerned with gaining more profits. Another listed is Monopoly, companies like Wal-Mart falls in such category. Economist has the classical theory that economy as competition is natural and therefore self-sustaining. But, Marx argued that capitalism would eventually create a large monopoly as companies and business with feast on each other for more profits; mostly bigger, megacorporation feasting on smaller companies. Like Wal-Mart replacing a small family shop. Another prediction mention was Low wages, big profits which Marx called reserve army of industrial labor. This was one of Marx biggest concern toward capitalism. He believed that wages would be held down. He said capitalist would prefer to pay little as possible for labor and this is easiest to do when there too many workers floating around. This list above proves some of Marx’s predication and thoughts about capitalism but that does not it is all that bad. Yes it is true it has some those connotative he predicted but let’s not forgets the gain one benefits from capitalism. When he look at capitalism we can see he what had predicted but we can also see its bright side. Capitalism brings economic freedom which in turn helps how political freedom. If governments own the means of production and set prices, it directly leads to a powerful state. Capitalism is efficient, it brings economic growth and there are no better alternative to capitalism. Although, I do agree with Marx on the instability of capitalism, I do not agree to change into communism. The reason for my reluctance toward communism is because of past examples. We can take example of countries that have tried to use capitalism and seen how they have failed and using communism. When it comes to revolution and people rising against those oppressing them, the circle is going to go on. Because those who were oppressed will gradually become the oppressor and the ruling class. This revolution has the tendency of creating more militant and making class struggle go nowhere since the struggle will continue in reverse. That is to say communism and revolution would not end class struggle but keeps in going. The government in charge during the revolution must have enjoyed the power the obtained during this revolution and will like to maintain their power. Marx was right about many things but at the same time he was very wrong about many other things. He mostly focused on criticizing capitalism instead of proposing an alternate solution to replace it. His idea of communism has been misinterpreted by crazy leader like Stalin and many others. But his work also shapes our world in a positive way. His idea of progressive income tax added its advantages to many countries. Before the Communist Manifesto there wasn’t a country that had one. But now, there is barely a one country without such tax. Finally, Marx description of a communism that eliminates class is unreliable. The upper class has the wealth and lower has the least. He middle class plays the peace maker between them and without that we cannot have a stable economy/society. Either if it is communism or capitalism. In addition to that, capitalism is more democratic than communism with tend to lead to an authoritarian government
In The Communist Manifesto written by Karl Marx and Friedrich Engels, the two German philosophers saw history as the struggle between the working class and the Bourgeois, or middle class (textbook 708). The Communist Manifesto was written in 1848, during the peak of the Industrial Revolution, a time when the Bourgeois made huge profits in manufacturing at the expense of the working class. According to Marx and Engels, the fruits of the Industrial Revolution created a new class of the oppressed modern working class, the Proletariat, which had never before existed because it was neither like serfdom or slave hood in that it was dependent on the Bourgeois to hire them for wage labor. This was the class the two philosophers envisioned would set off a revolution that would overthrow capitalism to end the perpetual class struggle and create a fair society known as Communism.
The Marx-Engels Reader by Robert C. Tucker is an anthology containing essential writings of German philosophers Karl Marx and Friedrich Engels. Major writing selections are to understand Marx perspective about history and society, such as The German Ideology. Marx introduces his historical materialism philosophy in the German Ideology: Part 1 of this book, where he proposes communism. Although I agree with a few points Marx gives, I cannot accept his overall conclusion that communism is the only way to become truly free. Marx suggest abolishing private property ownership and remove economic power from the hands of privileged people to accomplish freedom.
It did this by outlining the history of classes and class struggle. The Communist Manifesto stated that society and history are shaped by class struggles and that two classes were present in 1848, the bourgeois and the proletariat. The document goes on to state that the bourgeois had created capitalism and were oppressing the proletariat. Marx defines the proletariat as “an appendage to the machine”. He recognized how the proletariats were being exploited and he brought it to the attention of the public.
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 responded to the situation and created a vision of an equal communist society. The Communist Manifesto was defined by the abolishment of the bourgeois sovereign rule that followed a revolution against capitalism to create communism. This is because it allowed for the emergence of the powerful Bourgeoise, "In one word, for exploitation, veiled by religious and political illusions, naked, shameless, direct, brutal exploitation.” As Marx explained, the Bourgeois exploited the Proletariats through the means of the long hours the laborers had to endure to receive very low wages, which maximized Bourgeois profits.
There is always at least one odd duck, which stands out from the crowd. The same is true when it comes to politics. One of the most controversial political ideas to ever come to power, is communism. Branching from the socialist party, in 1848, extremist Karl Marx expressed his theories in The Communist Manifesto. This is a text that is still debated today. In an article in the Journal of Social Society, William Niemi wrote about Marx’s ideas still present today. “The rethinking about Karl Marx and Marxism continues some 20 years after the fall of the Soviet dictatorship and its satellites.” (Niemi). Within this volume of ideas, Marx expressed many highly debated topics, the most controversial of course, being communism itself. Though many of
In The Communist Manifesto, Karl Marx and Fredrick Engels attempt to explain the reasons for why there is class struggle and suggest how to prevent class separation. According to Marx there are two different types of social classes: the bourgeoisies and the proletarians. The bourgeoisie are capitalists who own the means of production and the proletarians are the working classes who are employed by the bourgeoisies. Due to their wealth, the bourgeoisies had the power to control pretty much of everything and the proletarians had little or no say in any political issues. According to Marx, the proletarians population would increase and they would eventually rise above the bourgeoisie and hold a revolt against them. The proletarians would base this revolt with the help of 'faith and reason.' With the help from The Communist Manifesto, the proletarians realize the conditions they are in by being overpowered by bourgeoisies. The proletarians now have the reasons to ask questions about origin, order, and their purpose of life. Also, they could raise questions about meaning, truth, and value. Through 'faith and reason' the proletarians will be able to overthrow the empowerment of the bourgeoisies.1
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”
Marx and Engels, and Kant share a fundamental commonality in the conception of human history in that they both acknowledge history as a rational process whose movement follows a progressive future outline. Their concept of process, a central theme to their conception of human history, gives meaning to individual human actions which appears as simple, haphazard event, with purposive shape and rational meaning. In Kant, progress assumes the form of realizing the human potential of reason; in Marx, it is the abolishment of class differences in the revolutionary transition to communism. To this extent, one can characterize their theory as utopian conception of historical progress, having a teleological purpose at the end of human history.
In The Communist Manifesto by Karl Marx and Friedrich Engels, a set of rules, much like we consider the Ten Commandments to be, is established for what a “advanced country” would abide by. A few of these ideas to follow include abolition of all right to inheritance, a heavy progressive or graduated income tax, equal obligation of all to work, and combination of agriculture with manufacturing industries.
Karl Marx and Friedrich Engels’ The Communist Manifesto explores class struggles and their resulting revolutions. They first present their theory of class struggle by explaining that “The history of all hitherto existing society is the history of class struggles” (Marx 14), meaning that history is a repeated class struggle that only ends with a revolution. Marx and Engels’ message in The Communist Manifesto is that it is inevitable for class struggles to result in revolutions, ultimately these revolutions will result in society’s transition to communism.
The Manifesto has four sections. In the first section, it discusses Communism, and the theory of history and the relationship between Proletarians and Bourgeoisie. The second section explains the relationship between the Communists and the proletarians. The third sections addressed the flaws in other previous socialist literature. The final section discusses the relationship between the Communists and other The Communist Manifesto describes how as history society matured so did the history of class conflicts. Claiming that every society is essentially divided into the oppressors and the oppressed (126). Marx will explain in the past, societies were organized in more complex combinations and hierarchies, but modern society is being split into two ‘hostile camps’ (128).
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.
According to the “ Introduction of sociology” in 1848 Marx and Friedrich Engels created the “Communist Manifesto”. This piece of literature is important in that it is one of the most influential political manuscripts in history. “Communist Manifesto” also disagreed with Comote theory of society, thus creating the concept of antipositivism. Marx believed that society 's growth came from hardships of other social classes over the means of production. At the time Marx was developing his theory, he was politically influenced, the industrial revolution and the rise of capitalism were growing in nations. Both created a class divide in wealth, factory workers being lower class and poor, and the owners being upper class and very wealthy. Marx predicted that capitalism would cause inequality with his theory of antipositivism, Marx prediction was that the inequalities of capitalism would be so severe that factory workers would eventually riot. (Open Stax 1.2) The failure of capitalism lead to the creation of Communism, Communism focused on no established private or corporate ownerships rather than distribution of wealth to everyone. Marx opinion that Communism was better suited for the government over Capitalism may have been influenced by his study of social patterns of psychological causes. While Marx prediction wasn 't fully accurate Marx’s concept that Societal disputes lead to change in society is still one of the major theories that sociology still supports to this
Marx based many of his theories based of his own life experience and views of politics. He was a very radical thinker and believed that the economy and political systems were so wrong and far gone that they could not be internally fixed or rejuvenated. Marx has strong critiques of capitalism and the bases of this opposition was that capitalism would quickly exceed its maximum usefulness and need to be replaced in order to uphold the necessary level of production. The main reason he predicted the downfall of capitalism is alienation and separation and will be a direct result to the uprising of