Marx Critique On The Economic Classes Of Society

Marx thought of capitalism in a pessimistic way, he saw the relationship between the employee and employer in a capitalistic society as toxic. To Marx, in a capitalistic society the employee would always be at a constant struggle for power be never endlessly repressed by the bourgeoisie. The employer would pay employees only what they needed to survive making it impossible to move up in class or society. He also recognized that in capitalism everything becomes corporatized. Things like marriage go from a sacred bond between two individuals that once never included money or the government, to something that is regulated by the national government and must be done through the federal court and include ties between the individual's financial status. Small businesses would also become corporatized, a local family doctor has now become part of a larger practice that brings in complex forms of payment such as insurance instead of simply paying a small family doctor directly. He also goes into the downfall of capitalism. The way capitalism works is through a series of economic highs and lows, each high is marked by prosperous times, high employment rate, and overall happiness. But the lows are marked by deterioration of the national economy, low employment rates, and struggle for all classes. To Marx’s these highs and lows are what's killing capitalism with each low being worse than the last until the people revolt and create a new form of government. The next would be socialism and once this fell like capitalism, the new governing system would be communism. Communism is an ideal system where people are never struggling for money and are paid based on their needs rather than their particular job. Through this system a

Marx's theory on Capitalist exploitation is an incredibly deep theory, but to explain it in a nutshell, it is that the working-class people are improperly compensated for their work. The rich, the higher-ups, they continue to expand their wealth by exploiting the working class, the Capitalist system not only allows but effectively demands that Capitalists increase their wealth, long-term or short-term, whether at the cost of the working-class or not. There are three “values” to take into consideration, the use-value, the exchange-value and the

Marx viewed society as a conflict between two classes in competition for material goods. He looked at the history of class conflicts and determined that the coming of the industrial age was what strengthened the capitalist revolution. Marx called the dominant class in the capitalist society the bourgeoisie and the laborers the proletariat. The bourgeoisie owned or controlled the means of production, exploited laborers, and controlled the goods produced for its own needs. He believed that the oppressed class of laborers was in a position to organize itself against the dominating class. He felt that it was the course of nature, that is, it is the way that society evolves and that the communist society would be free of class conflict, "the free development of each is the condition for the free development of all." (Marx & Engels 1948, 37)

Marx’s issue with society was that people felt alienated and estranged, mostly from their work. Marx saw the entire capitalist economic system, though a necessary stage in human development, as unjust. He blamed capitalism for the alienation people felt, identifying their need to sell their labor and work in unfulfilling jobs as the root of their dissatisfaction. He took issue with the dehumanization capitalism causes, as people are seen as a commodity and their individuality is sacrificed for industry and the success of their

Why does Marx 's social theory place so much emphasis on class conflict and the economic aspects of society?

Marx’s primarily aims to explain how communism will free men, end the class struggle. The work argues that class struggles, and the exploitation of one class by another is the source of all inequality. Marx’s theories become one the motivating force behind all historical developments. The work strongly advocates the freedom of the proletariats which Marx’s claims can only be achieved when property and other goods cease to be privately owned. He see’s that private property has been a problem through out history, capital that aids the ruling class to maintain control. Marx argues that the lower class come together in a revolution and gain power and eventually take the power away from the upper class.

For example, it shapes the nature of religion, law, education, the state and so on. According to Marx, capitalism sows the seeds of its own destruction. For example, by polarising the classes, bringing the proletariat together in ever-increasing numbers, and driving down their wages, capitalism creates the conditions under which the working class can develop a consciousness (or awareness) of its own economic and political interests in opposition to those of its exploiters. As a result, the proletariat moves from merely being a class-in-itself (whose members share the same economic position) to becoming a class-foritself, whose members are class conscious – aware of the need to overthrow capitalism. The means of production would then be put in the hands of the state and run in the interests of everyone, not just of the bourgeoisie. A new type of society – socialism developing into communism – would be created, which would be without exploitation, without classes and without class conflict. Marx’s work has been subjected to a number of criticisms. First, Marx’s predictions have not come true. Far from society becoming polarised and the working class becoming poorer, almost everyone in western societies enjoys a far higher standard of living than ever before. The collapse of so-called ‘communist’ regimes like the former Soviet Union, and growing private ownership and capitalist growth in China, cast some doubt on the viability of the practical implementation

The Industrial Revolution (1750-1850) had brought about significant changes in agriculture, mining, manufacturing, transportation and technology and subsequently established an era of unprecedented economic growth in capitalist economies. It was within this era that Karl Marx had observed the deprivation and inequality experienced by men of the proletariat, the working class, who had laboured excessively for hours under inhumane conditions to earn a minimum wage while the bourgeoisie, the capitalist class, reaped the benefits. For Marx it was this fundamental inequality within the social and economic hierarchy that had enabled capitalist societies to function. While Marx’s theories, in many instances have been falsified and predictions

Karl Marx, in the Capital, developed his critique of capitalism by analyzing its characteristics and its development throughout history. The critique contains Marx’s most developed economic analysis and philosophical insight. Although it was written in 1850s, its values still serve an important purpose in the globalized world and maintains extremely relevant in the twenty-first century.

Marx's ideas on labor value are very much alive for many organizations working for social change. In addition, it is apparent that the gap between the rich and poor is widening on a consistent basis. According to Marx, the course of human history takes a very specific form which is class struggle. The engine of change in history is class opposition. Historical epochs are defined by the relationship between different classes at different points in time. It is this model that Marx fleshes out in his account of feudalism's passing in favor of bourgeois capitalism and his prognostication of bourgeois capitalism's passing in favor of proletarian rule. These changes are not the reliant results of random social, economic, and political events; each follows the other in predictable succession. Marx responds to a lot of criticism from an imagined bourgeois interlocutor. He considers the charge that by wishing to abolish private property, the communist is destroying the "ground work of all personal freedom, activity, and independence". Marx responds by saying that wage labor does not properly create any property for the laborer. It only creates capital, a property which works only to augment the exploitation of the worker. This property, this capital, is based on class antagonism. Having linked private property to class hostility, Marx

The Marxist's perspective is dominantly based on economic factors and over emphasizes them; money is assumed to be everything within society and social life. In my view, something is clearly missing here such as values and other social factors. Assuming that money is everything within society leads to assumptions that those owning the productive and therefore economic resources are given the power and use it to control those without to maintain their hegemony. Further factors that can form and shape society like gender, ethnicity, age, culture etc. are not taken into consideration and neglected. Hence the Marxist perspective focuses on having versus not having, earning versus not earning and powerful versus powerless.

Thus, the economic system controls all aspects of human life, and these lives are left to revolve around the means of production. Marx believed the system contained the seeds of it’s own destruction in that capitalists are constantly competing to produce goods more efficiently and cheaper. When wages are cut so low that the laboring class is unable to purchase the goods produced there will be an economic crisis. Then when conditions are bad enough the oppressed will rise up against the owners and capitalism will have destroyed itself.

Marx’s political theory is based on the idea that social history has been defined by a series of class struggles. When a new class overtakes the prior ruling class, a new order emerges. Ideally, this new order would be an improvement on the past system. But in reality, misery still exists in tiers of society because the new systems typically embody a similar model of the oppressed-oppressor relationship, where lower classes are exploited in a similar way. The modern bourgeois society “has not done away with class antagonisms. It has but established new classes, new conditions of oppression, new forms of struggle in place of the old ones” (14). In this way, new systems are part of a natural progression of society, but they continue to exhibit

There is deep substance and many common themes that arose throughout Marx’s career as a philosopher and political thinker. A common expressed notion throughout his and Fredrick Engels work consists of contempt for the industrial capitalist society that was growing around him during the industrial revolution. Capitalism according to Marx is a “social system with inherent exploitation and injustice”. (Pappenheim, p. 81) It is a social system, which intrinsically hinders all of its participants and specifically debilitates the working class. Though some within the capitalist system may benefit with greater monetary gain and general acquisition of wealth, the structure of the system is bound to alienate all its

A key point of his argument is the idea of alienation. He believes the worker or proletariat becomes estranged from himself, his work and other workers. He believes humans meet their needs of existence by using labor as a sense of well being. In this capitalistic system of private ownership the workers are robbed of their self worth and identity. The worker is estranged from the products he creates which helps aid in the hostile relationship between the two classes, which will lead to a revolution.