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Comparison and contrast socialism and capitalism
Which is better capitalism or socialism
Comparison and contrast socialism and capitalism
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Why did a Socialist or Labor Party never gain traction in the United States?
According to Marxist revolutionary theory, advanced capitalism is a necessary precondition to the development of socialism. Capitalists would ruthlessly exploit workers, accumulating capital from the workers’ labor but not sharing it. This would result in the workers developing a collective class consciousness, overthrowing their oppressors, and replacing their bourgeois government with a dictatorship of the proletariat, i.e., socialism. Karl Marx and Friedrich Engels expected that, because the United States had the most advanced form of capitalism in the world, it was the most likely setting for a proletarian revolution, yet, no socialist or labor party has ever become a major factor in American politics. American communist, socialist, and labor parties have never been able to become more than radical leftist fringe groups, even as a much perverted form of socialism came to dominate a large part of the planet over the course of the Cold War. “For much of the second half of the twentieth century,” Peter Singer writes, “nearly four of every ten people on earth lived under governments that considered themselves Marxists and claimed… to use Marxist principles to decide how the nation should be run.” Far from falling under Marxist influence, the United States became the sworn enemy of global communism. Generations of theorists and scholars have proposed a variety of possible reasons why no socialist or labor party has ever achieved prominence in the American electoral system.
Marx and Engels certainly believed that the United States would provide an example for the rest of the world with its inevitable move toward socialism. Following the American...
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... that, though there was not yet a significant socialist movement in the United States, it was still likely to happen. He asserted that all of the factors which he had indicated had heretofore hindered the development of American socialism were “about to disappear or to be converted into their opposite, with the result that in the next generation Socialism in American will very probably experience the greatest possible expansion of its appeal.” Of course, no such thing ever happened. Socialist theorists such as Vladimir Lenin manipulated pure Marxian socialism to create an artificial proletarian revolution in Russia in 1917. As the twentieth century wore on, the United States became, if anything, more hostile to anything resembling socialist or labor movements. The question of why socialism still did not develop in the United States was left to later scholars.
However, they also had a much wider reaching idea of democratic control over the economy . This is where I tend to disagree with Sinclair and socialism. He mentions corruption in the system at the time and implies that socialism may be a system without corruption. I don’t feel that a political and economic system ran by the people is any less susceptible to corruption than capitalism is. After all, it is still just people and people will do dishonest things for power. America was built on capitalism and it definitely has its flaws, but I feel that it promotes prosperity best when paired with democracy. The socialist movement played a great role in reshaping the US capitalist system. It definitely needed tweaking in the early 20th century, and still does, but the socialist ideas help push us in the right
Marx believed in socialism and that communism would eventually follow. He argued that social theorists and underprivileged people should topple capitalism and bring about socio-economic change. This is the ‘change we can believe in’ touted by Obama.
The era that marked the end of civil war and the beginning of the twentieth century in the united states of America was coupled with enormous economic and industrial developments that attracted diverse views and different arguments on what exactly acquisition of wealth implied on the social classes in the society. It was during this time that the Marxist and those who embraced his ideologies came out strongly to argue their position on what industrial revolution should imply in an economic world like America. In fact, there was a rapid rise in the gross national product of the United States between 1874 and 1883. This actually sparked remarkable consequences on the political, social and economic impacts. In fact, the social rejoinder to industrialization had extensive consequences on the American society. This led to the emergence of social reform movements to discourse on the needs of the industrialized society. Various theories were developed to rationalize the widening gap between the rich and the poor. Various reformers like Andrew Carnegie, Henry George and William Graham Sumner perceived the view on the obligation of the wealthy differently. This paper seeks to address on the different views held by these prominent people during this time of historical transformations.
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.
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
Socialism as defined by the parameters of the post revolution into the pre industrial period was the nearly universally marked by the race to empower the working class. Yet, within this broad definition of socialism, Karl Marx, Gracchus Babeuf, and Robert Owen differ in their views of a utopian society and how it should be formed. It was to be their difference in tradition that caused their break from it to manifest in different forms. Although they had their differences in procedure and motive, these three thinkers formed a paradigm shift that would ignite class struggle and set in motion historical revolutions into the present. Within their views of a utopian community, these men grappled with the very virtues of humanity: greed versus optimism.
The first reason Americans began fearing the Communist party, is due to the party’s association with Russia and Stalinism. Russia was the most widely known Communist state in the world and the American Communist party’s adoration of it was the best-known thing about them . This became a large problem for the American Communist party when Stalin became a terrifying figure to the average American as knowledge of his atrocities and betrayals began to leak past the Iron Curtain. While most of the American Communists “just didn’t believe” these rumours, the average person did, and they did not see a difference between the American C...
Marx, Karl, Friedrich Engels, and Robert C. Tucker. The Marx-Engels reader . 2d ed. New York: Norton, 1978. Print.
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
Marx, Karl, Friedrich Engels, and Robert C. Tucker. The Marx-Engels reader. 2nd ed. New York: Norton, 1978. Print.
Analysis of the Main Strengths and Weaknesses of Marx’s Sociological Thought “The history of all hitherto existing society is the history of class struggles” Marx and Engels (1967, p.67) Born in 1818, Karl Marx, using his philosophical and socialist ideas, attempted to show how conflict and struggle in social development were important in the development of a society. The works of Marx were influenced by three distinct intellectual traditions: German idealist philosophy, French socialism and British political economy. German idealist philosophy is an approach based on the thesis that only the mind and its content really exist. This philosophy maintains that it is through the advance of human reason that human beings progress. French socialism is a political doctrine that emerged during the French Revolution and emphasised social progress led by a new industrial class.
After taking the work of Marx and Engel into consideration, I have made many conclusions as to the strengths and weaknesses of their argument. I, myself, being from the proletariat class view the manifesto as a sign of hope. As though there is something more than just going to a job where I feel alienated from my own life because I must follow the rules of my boss.
The Web. The Web. 15 Apr. 2014. The 'Standard' of the 'Standard'. Marx, Karl, and Friedrich Engels.
Marx, Karl, and Friedrich Engels. "The German Ideology." The Marx-Engels Reader. Ed. Robert C. Tucker. New York: Norton, 1978. 146-200. Print
Karl Marx was a German philosopher and political theorist. He developed the socio-political theory of Marxism. One of his most famous works is The Communist Manifesto that he co-wrote with Friedrich Engels. In The Communist Manifesto, Marx discusses his theories on society, economics and politics. He believed that “all societies progress through the dialectic of class struggle”. He criticized capitalism, and referred to it as the "dictatorship of the bourgeoisie". Marx believed that capitalism was unfair because the rich middle and upper class people manipulated the system and used it for their own benefit while we get the short end of the stick. We, being average Americans— like myself— who go to college full-time, juggle a job, and yet are constantly struggling just to make ends meet: the unappreciated, exploited and underpaid every day h...