Karl Marx and Adam Smith
Karl Marx and Adam Smith wrote in the same time period – during the industrial revolution, where the bourgeois had risen to power by oppressing and exploiting the proletariat. The term bourgeois refers to the people in the class of modern capitalists, owners of the means of social production and employers of wage labor. The proletarians are the people in the class of modern wage laborers who, having no means of production of their own, are reduced to selling their labor power in order to live. While Smith, in his Wealth of Nations, wrote in favor of capitalism, Marx, in his Communist Manifesto, was a harsh critic of the system and declared its inevitable destruction and consequent rise of the working class.
According to Marx, history is a series of class struggles that rise and fall according to economic changes. Marx claimed that society has an economic base; economic changes force a consequent restructuring of society. For example, the thirteenth century in Europe saw the pinnacle and the decline of the feudal system. Instead of personal military services Vassals began giving money to their lords as payments. The lords preferred these money payments because it allowed them to hire professional fighters who were better trained and more disciplined than their vassals. Wars were being won by professional men-at-arms and archers. The original feudal system of honor and loyalty was diluted into a financial relationship where the subjects pledged allegiance to the lords only for the duration of employment. This new temporary relation between warrior and lord, known as "bastard feudalism," was the first step towards the division of labor as seen in the times of Adam Smith and Karl Marx. It marked th...
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...superiority amongst workers by having only one class in society. As Charles Darwin would argue, this idea goes against the rules of nature. Nature is a survival of the fittest. By ignoring this fact, Marx intends to retard the process of evolution. The stronger and smarter members of society will be better off and will have offspring who will carry these traits. Gradually, but naturally, society will increase in aptitude and ability. In response to Marx’s great disappointment with the capitalist society of his time, he constructed a society that was too extreme in its position. A complete uprooting of capitalist society does not seem feasible because of the advantages it offers many individuals. If Marx had proposed improvements of this society, he may have had more of a positive impact.
Bibliography:
The Portable Karl Marx
Wealth of Nations
Marx’s ideals of communism were drawn from the realization that the cycle of revolutions caused by the class struggles throughout history led society nowhere. Society as a whole was more and more splitting up into two great hostile camps, into two great classes that were directly facing each other—bourgeoisie and proletariat. According to Marx, in order for society to further itself, a mass proletarian revolution would have to occur. The bourgeois, who were the employers and owners of the means of production, composed the majority of the modern capitalists. It was these individuals that controlled the capitalist society by exploiting the labor provided by the proletariats.
Smith and Marx agree upon the importance of capitalism as unleashing productive powers. Capitalism is born out of the division of labour... that is, it is made possible by dividing jobs up into simple tasks as a way of increasing efficiency. By increasing efficiency, then everyone can produce more than they personally need. The extra produced can go towards the accumulation of capital, (machines, more land, more tools, etc) which will allow for even more increased efficiency and production. Both thought that this increased production was great. But Marx said that capitalism was only one stage... that every country must go through capitalism, to get that increased production, but that capitalism is unstable. It requires expanding markets and will end up creating a large gap between the wealthy and the poor, with more and more people becoming poor. Because of this instability, he thought that it would eventually collapse.
From the late eighteenth century and early nineteenth century major historical events such as the Industrial revolution had occurred. During this period of time Europe was switching into an economy that is focused mostly in the industrial field. From this emerged two social-economic classes, the rich bourgeoisie and the poor proletariats. Furthermore tension brewed from the two groups since the bourgeoisie source of wealth was from the exploitation of the proletariats. Karl Marx and Friedrich Engels’ book 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 to a revolution against capitalism
Marx speaks of a life to be free from working for someone who receives far more from a group of laborer’s who are part of a lower class party. However, there is more to it. What Marx promotes is a take over of all industrial factories, or businesses. A literal revolution of the lower class, so that instead of the business owners reaping all the benefits by the “proletariat” doing all laboring earning little, they need to gain total control of businesses of production and share amongst themselves equally everything. Sounds good to the ear that there could be no more struggles for the little people who are doing all the work, making someone else rich, but Marx...
Marx believed that society was beginning to break away from nature as a source of economical support. In the past, humans had relied heavily on agriculture to support themselves but with the beginning of the Industrial Revolution, new technology began to replace old farming techniques and created new factory jobs in cities. Marx had rather extreme views on the extent to which nature in his time had become humanized as a result of human labor.[1] He commented that, “ Even the objects of the simplest “ sensuous certainty” are only given him through social development, industry and commercial intercourse.”[2] "Throughout their labor, humans shape their own material environment, thereby transforming the very nature of human existence in the process.”[3]
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.
Karl Marx, a German philosopher, saw this inequality growing between what he called "the bourgeoisie" and "the proletariat" classes. The bourgeoisie was the middle/upper class which was growing in due to the industrial revolution, and the proletariats were the working class, the poor. These two classes set themselves apart by many different factors. Marx saw five big problems that set the proletariat and the bourgeoisie aside from each other. These five problems were: The dominance of the bourgeoisie over the proletariat, the ownership of private property, the set-up of the family, the level of education, and their influence in government. Marx, in The Communist Manifesto, exposes these five factors which the bourgeoisie had against the communist, and deals with each one fairly. As for the proletariat class, Marx proposes a different economic system where inequality between social classes would not exist.
Marx views history as being determined by economics, which for him is the source of class differences. History is describe in The Communist Manifesto as a series of conflicts between oppressing classes and oppressed classes. According to this view of history, massive changes occur in a society when new technological capabilities allow a portion of the oppressed class to destroy the power of the oppressing class. Marx briefly traces the development of this through different periods, mentioning some of the various oppressed and oppressing classes, but points out that in earlier societies there were many differentiations of social classes. Marx sees the modern age as being distinguished from earlier periods by the simplifications of the class conflict, splitting up society into two great hostile groups: the bourgeoisie and the proletariat.
Marx’s perspective was not based on the conflict of ideas, but rather on the conflict of classes. This conflict is the results of a new mode of production. According to Marx, history would consist of epochs of modes of production. He states that these modes of production are: primitive communism, slave society, feudalism, capitalism, and then socialism and communism.
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.
Karl Marx noted that society was highly stratified in that most of the individuals in society, those who worked the hardest, were also the ones who received the least from the benefits of their labor. In reaction to this observation, Karl Marx wrote The Communist Manifesto where he described a new society, a more perfect society, a communist society. Marx envisioned a society, in which all property is held in common, that is a society in which one individual did not receive more than another, but in which all individuals shared in the benefits of collective labor (Marx #11, p. 262). In order to accomplish such a task Marx needed to find a relationship between the individual and society that accounted for social change. For Marx such relationship was from the historical mode of production, through the exploits of wage labor, and thus the individual’s relationship to the mode of production (Marx #11, p. 256).
The political philosopher believed that communism could only thrive in a society distressed by “the political and economic circumstances created by a fully developed capitalism”. With industry and capitalism growing, a working class develops and begins to be exploited. According to Marx, the exploiting class essentially is at fault for their demise, and the exploited class eventually comes to power through the failure of capitalism.... ... middle of paper ...
In western capitalist societies, communism is portrayed as a system that practices wealth distribution where everyone makes the same amount of money and own the same exact things with no competition. In reality Marx’s idea of communism gives people the chance to develop their skills and advance their potential to the fullest extent, that is actually denied under the capitalist class system. Marx agrees with rousseau that political and civil rights are important and gives the people more power but he takes it further and argues that in order for people to be truly free they must have control on their labor and their production by democratizing the economic and labor system.
Marx thought of a society that would create equality and bring power to the people. He didn 't expect society to be totally equal but a society with distributed justice. According to Marx, a good society is when there is no exploitation. To get rid of exploitation, we have to get rid of surplus values and make everyone equal. But Marx also knows that no good society can exist as long as exploitation is allowed. That is why some societies will want a Marx type of living and some will not. A society that has used and embodied the Marxist tradition is Russia. They have used Marx ideas and lived by the communist manifesto. This way of life worked for many years and to the people of Russia, it made a good society. But to people outside of Russia, people who lived in a democratic state or country, they looked at it as a failed society. A type of society that should not be allowed to exist in the world of democracy. But like Marx said, some societies will be able to live in a Marxist environment and some won’t. Marx also states, “ In a communist society, the working class will be more important than the capital class”(M 10-25-2016). By having everyone equal, this allows for class conflict to be no more and exploitation not exist. Marx knows there can be no good society but a Marxist society will do its best to form a ideal
He is known worldwide for his numerous theories and ideas in regards to society, economics and politics. His outlook on these subjects is known as Marxism. Marxism focuses on the imbalance and struggle between classes and society. Marx’s theories stem from the concept of materialism based society and the implications thereof. These concepts leads to the Marxist theory of the failure of capitalism. Marx had a number of specific reasons for the downfall of capitalism yet capitalism remains very real and successful. Marxism covers a wide range of topics and theories, but an in depth analysis of his criticism to capitalism and how it is not relevant to modern day will be explored.