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Effects of globalization on the world economy
Effects of globalization on the world economy
Effects of globalization on the world economy
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Marx's theory of alienation has to do with the separation of things that logically belong together. According to Marx, alienation is a universal result of capitalism. Marx's theory of alienation is based upon his observation that, within the capitalist mode of production, workers consistently lose determination of their lives and fates by being deprived of the right to envision themselves as the administrator of their actions. Workers become autonomous, self-realized people, but are lead and diverted into goals and activities set down by those who have power. Alienation in capitalist societies takes place because the worker can only express this basic social aspect of individuality through a production system that is not communally, but privately owned (Marx, 2007).
When applying Marx’s theory of alienation to the current issue of income inequality in the global world one can see how it is possible that capitalism has led to the issues at hand. Although not a new phenomenon, globalization is on the rise, and with that, the concentration of authority among few multinationals. By the early 1990’s, the world market share of the top five companies in each industry amounted to almost seventy percent for consumer durables and fifty percent for automotive, airline, aerospace, electrical, electronic and steel industries. During this time world economic output traded between countries rose from around nine percent in 1965 to nineteen percent in 1992. Nevertheless, seventy percent of world trade is controlled by around five hundred corporations. A major concern when dealing with globalization in general, is the pressure that this phenomenon puts on nations to alter their customs, norms, and social values (Liard-Muriente, 2005).
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...at relationship. It is this imbalance of both power and wealth that creates the alienation that exists in this business relationship.
One of Marx’s basic foundations of his theory was that there is alienation of the worker from the work he produces, from the product of his labor the greater the power gap there is. In the business world the more alienated that an employee feels from those who are in charge the less that worker cares about the product that they produce. If workers are alienated from those who are in charge the works that they produce on a daily basis will be inferior to their capabilities. Employees need to feel that they have a vested interest in the company that they work for in order for them to have pride in the work that they produce and one way to do this is to reduce the gap that exists between those who have and those who don’t have.
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.
Marx, discusses a certain concept of alienated labor as an unavoidable result of a capitalist system. The framework that he tries to draw in the book is that capitalist system should be blamed for class strafication and alienated labor in the society. In a capitalist society, people suffer from class conflict and property ownership of bourgeoisie. Bourgeoisie owns the big factories and businesses, so then, small manufacturers have to shut down and basically have to join the labors in the big businesses. Workers in the capitalist system are obligated to work for long hours under unhealthy conditions for really low salaries.
With the emergence of an industrial working class that arrived from the farms and countryside new theories and ideologies about the political economy began to appear. Karl Marx, a political philosopher during this time, introduced the idea of "alienation of labor". His theory proposed that labor has the ability to create a loss of reality in the laborer because the laborer himself becomes a commodity or object due to the nature of work. In terms of the roles of women it can be argued that the effect is even greater due to the limited choices of work available. This theme is expressed in literature through the writings of Gilman and Alcott.
Marx explains the condition. of estranged labour as the result of man participating in an institution alien to his nature. It is my interpretation that man is alienated from his labour because he is not the reaper. of what he sows. Because he is never the recipient of his efforts, the labourer lacks identity with what he creates.
Karl Marx’s article titled Estranged Labor as found in his 1844 Economic and Philosophical Manuscripts pays significant attention to the political economic system, which is commonly referred to capitalism. He further delves into nature of the political economy with a keen focus on how it has negatively impacted the worker or laborer. Therefore, the laborer forms the subject of his critical and detailed analysis as tries demonstrates the ill nature of the political economy. To start with Karl Marx portrays how the political economy as presented by its proponents has led to emergence of two distinct classes in society; the class of property owners and on the other hand, the class of property less workers. According to Karl Marx (2004), proponents of the political economy have introduced concepts such as private property and competition indicating without providing any form of analytical explanation but rather just expecting the society to embrace and apply such concepts. In particular, political economists have failed to provide a comprehensive explanation for division that has been established between capital and labor. Estranged Labor clearly depicts Marx’s dissatisfaction as well as disapproval towards the political economy indicating that proponents of such a system want the masses to blindly follow it without any form of intellectual or practical explanation. One area that Karl Marx demonstrates his distaste and disappointment in the article is worker or the laborer and how the worker sinks to not just a commodity but rather a wretched commodity (Marx, 2004). This is critical analysis of Karl Marx concept or phenomenon on the alienation of the worker as predicted in Estranged Labor in several aspects and how these concepts are ...
The first type of alienation is from “product of labor”. This is where the worker is separated from their work. This is basically saying that the work that the worker is creating does not necessarily show their creativity. Marx wrote:
Marx’s theory of alienation is the process by which social organized productive powers are experienced as external or alien forces that dominate the humans that create them. He believes that production is man’s act on nature and on himself. Man’s relationship with nature is his relationship with his tools, or means of production. Man’s relationship with himself is fundamentally his relationship to others. Since production is a social concept to Marx, man’s relationship with other men is the relations of production. Marx’s theory of alienation specifically identifies the problems that he observed within a capitalist society. He noted that workers lost determination by losing the right to be sovereign over their own lives. In a capitalist society, the workers, or Proletariats, do not have control over their productions, their relationship with other producers, or the value or ownership of their production. Even though he identifies the workers as autonomous and self-realizing, the Bourgeoisie dictates their goals and actions to them. Since the bourgeoisie privately owns the means of production, the workers’ product accumulates surplus only for the interest of profit, or capital. Marx is unhappy with this system because he believes that the means of production should be communally owned and that production should be social. Marx believes that under capitalism, man is alienated in four different ways. First, he says that man, as producers, is alienated from the goods that he produces, or the object. Second, man is alienated from the activity of labor to where...
The concept of alienation plays a significant role in Marx's early political writing, especially in the Economic and Philosophical Manuscripts of 1848, but it is rarely mentioned in his later works. This implies that while Marx found alienation useful in investigating certain basic aspects of the development of capitalist society, it is less useful in putting forward the predictions of the collapse of capitalism. The aim of this essay is to explain alienation, and show how it fits into the pattern of Marx's thought. It will be concluded that alienation is a useful tool in explaining the affect of capitalism on human existence. In Marx's thought, however, the usefulness of alienation it is limited to explanation. It does not help in either predicting the downfall of capitalism, or the creation of communism.
In closing, both Marx and Durkheim were extraordinary thinkers and theorist of their time. Both their theories have provided a better understanding of our society by examining our society and the crucial elements within it at a deeper level. Alienation then, is the breakdown of the interconnectedness in society imposed by the structure of society that is, to Marx an important part of life. Well, at least in an ideal sense. Anomie is defined as a state reached when society is marked by unchecked economic progress. Although Marx and Durkheim approached the issue of modern society in different analytic manner, there is one thing that is undisputed, it has greatly impacted sociology today and maintain a level of truth as well as value for the future.
Marx’s theory of alienation describes the separation of things that naturally belong together. For Marx, alienation is experienced in four forms. These include alienation from ones self, alienation from the work process, alienation from the product and alienation from other people. Workers are alienated from themselves because they are forced to sell their labor for a wage. Workers are alienated from the process because they don’t own the means of production. Workers are alienated from the product because the product of labor belongs to the capitalists. Workers do not own what they produce. Workers are alienated from other people because in a capitalist economy workers see each other as competition for jobs. Thus for Marx, labor is simply a means to an end.
Alienation, in Marxist terms, refers to the separation of the mass of wage workers from the products of their own labor. Marx first expressed the idea, somewhat poetically, in his 1844 Manuscripts: "The object that labor produces, its product, stands opposed to it as something alien, as a power independent of the producer."
...nvironment. Ultimately, humans are creative, hardworking and productive beings. As we spend the majority of our day at work, we want it to be rewarding and fulfilling. In this theory of alienation, being a worker comes first and being a person comes second. Alienation makes people spend their lives working on things they hardly care about while they make money for someone else as they sacrifice their own interests and goals. Capitalism turns workers into machines and alienates them from their full potential. Workers are not content as they are unable to determine their own paths as they are at the mercy of their employers. Alienation produces boredom, stress, unhappiness, misery and low productivity.
According to Marx class is determined by property associations not by revenue or status. It is determined by allocation and utilization, which represent the production and power relations of class. Marx’s differentiate one class from another rooted on two criteria: possession of the means of production and control of the labor power of others. The major class groups are the capitalist also known as bourgeoisie and the workers or proletariat. The capitalist own the means of production and purchase the labor power of others. Proletariat is the laboring lower class. They are the ones who sell their own labor power. Class conflict to possess power over the means of production is the powerful force behind social growth.
Marx explained how employers can exploit and alienate their workers; this is described in more detail and is known as ‘the labour’. theory of value’. Marx also goes on to explain how in a business. falling rate of profit can lead to an inevitable crisis, revolutions. can emerge and then finally lead to the socialist state.