Pinto Madness Analysis

* Capitalism allows people to choose what job they want to do. It gives people the right to spend their money where they want. Harmful: the gov't control is very limited; it allows people to dominate the industry. The wealthy get wealthier and the poor get poorer.

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

The working class during the Industrial Revolution made up 80 percent of society, the other 20 was composed of wealthy business owners. People in the 1800’s migrated from shops in their home to work in dangerous and life threatening factories. While many say this was a positive period, it came with negative consequences. The Industrial Revolution was more negative than positive because working conditions were very unsafe, workers worked extremely long hours, and employees worked for cheap wages.

During the 19th century, Europe underwent political and economic change resulting in a shift from craft production to factory work. This was a time known as the Industrial Revolution, in which class division and wage labor were the most foregrounded aspects of society (Poynton). Karl Marx’s theories during this time gave way to new perspectives and different ways of viewing oneself in class positions. Comparisons between social and political structures in the 19th century and the 21st century expose the similarities that have yet to be modified. Marxist theory proved to offer a framework for society to undergo evolutionary change that would put an end to the capitalist mode of production that developed during the Industrial Revolution in Europe (Connelley). Marxism greatly outlines the struggle between different classes and groups belonging to the political world and how this class struggle affects the means of production. Broadly speaking, capitalism is a structure of political inequality and once overcome will lead to communism, inevitably weakening the boundary between classes. Although beneficial for the workers who want to live as free men, the upper class will be placed on that same wavelength. The greater political structure will form into a realm that will abolish the exploitation and oppression of workers, thus placing power in the hands of those who do not benefit from the unequal distribution of wealth. It involves a combination of political and economic factors

Under capitalism, if you purchase a business and pay people to work there, you are entitled to all of the profits earned. Marx views this as an immoral and an unsustainable socio-political model.

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’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

In our society, we still can recognize basic elements of Marx's theory. Today, at the end of twentieth century, capitalism is still a strong and developed system that will most likely remain to be so for some time. One thing that has changed is that through the establishment of workers unions, the gap between bourgeoisie and workers has narrowed. The 8-hour work - 8-hour rest - 8-hour sleep system that Marx proposed seems to be in place in many of the countries around the world.

Within The Communist Manifesto, Marx also argues that capitalism has caused individuals to focus too much about money and competing within society. Marx argues that “This organisation of the proletarians into a class, and, consequently into a political party, is continually being upset again by the competition between the workers themselves” (23). People have become so focused about competing for better jobs and better social positions that they have lost touch with the people around them. Rather than pay attention to the needs or problems of others, every person is now focused only on themselves. They are competing for the ideas of money and power that only a few are able to reach. According to Marx, “private property is already done away with for nine-tenths of the population; its existence for the few is solely due to its non-existence in the hands of those nine-tenths” (29). Since only a few people are able to control the land and the companies, the workers are forced to slave away after a dream that they will probably never accomplish. The idea is that the bourgeoisie make the dreams of workers seem attainable so that the workers will make the bourgeoisie richer by putting in more effort into their jobs. The characters in The Death of

Capitalism started up as a system of investing and sharing money in order to increase the value of resources in the future. Capitalism was just an economic system, but then soon turned into a complex system of ethical practices. Harari defines capitalism as, “a set of teachings about how people should behave, educate their children and even think” (Harari 314). This economic system evolved along with the people that were endorsing it. Capitalism enables the rich to get richer, while the poor continue to get poorer. There are many benefits to capitalism, but there are downfalls as well, and these downfalls tend to be masked because of the rapid speed capitalists grow at. Harari first presents a definition for capitalism, and soon goes into great detail on why capitalism, while fast paced and unforgiving, is able to stand unwavered while other productions fail.

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

The philosophy of Karl Marx begins with the belief that humans are inherently cooperative with common characteristics and shared ends. To human beings, life is considered an object and therefore, humans make their “life-activity itself the object of his will and of his consciousness” (Tucker 76). In other words, humans are able to think, imagine, and “produce even when he is free from physical need and only truly produces in freedom therefrom” (p. 76). It exemplifies that idea that humans not only have the capability to create things for survival but express themselves in what they produce, within the standards of the human race or universally. When capitalist wage-labor enters the picture, it forces these shared ends and the freedom of expression in human production to cease, causing a rise of competitiveness among

The Industrial Revolution was the quintessence of capitalistic ideals; it bred controversy that led to Karl Marx’s idea of communism as a massive grass roots reaction to the revolution’s social abuses. Firstly, the Industrial Revolution featured the construction of machines, systems and factories that allowed goods to be manufactured at a faster rate with a lower cost. The seed drill made it so there could be “a semi-automated, controlled distribution and plantation of wheat seed”(Jones 2013). Secondly, there was a great social and economic divide between the wealthy owners and the poor workers, which gave rise to the mass’s vulnerability to the advent of extreme socialism. Figures of authority severely oppressed their employees by giving them insufficient pay, a treacherous work environment, and even making some children work more than 12 hours per day (Cranny 150). Finally, far right capitalism created a brutal boom and bust cycle of economics that made, for the multitude at the bottom, a perpetual nightmare of poverty and death. People responded to this social situation by taking part in violent protests; oppression sires rebellion. The Industrial Revolution was the chassis of great imagination and progress of political, economic, and social force that still affects this world today.

People are slaves to the machine and the bourgeoisie because they need to work more hours daily for lower wages because the jobs become more simplistic and automated. A modern example of this is people on an assembly in Detroit, where cars are made. Things are now to the point were you can learn a job in a week when in the past it would have taken years to learn the same job. Marx believes that to sustain market growth capitalism becomes more automated for the giants of industry. Due to this “machinery obliterates all distinctions of labour and nearly everywhere reduces wages” (Cohen and Fermon, 454). In capitalism people are enslaved for lower wages, as the work becomes less appealing. Marx believed, “As the repulsiveness of the work increases, the wage decreases” (Cohen and Fermon, 453).