Karl Marx in his “Communist Manifesto” states that the wage gap will eventually result in revolutions of working class across the world, and consequently difference in classes will be vanished. Whereas, Robert Reich in “Why the Rich are Getting Richer and the Poor, Poorer” argues that American strategy of economic development, which is based on expansion of the production, will lead to collapse of American economy. Though, the poor people will suffer of various deprivations, wealthy people will be putted into even more unenviable situation in both cases. Moreover, scenario given by Marx in his work proposes the worst position for the rich people than Reich describes.
First of all, the equal situations illustrated by both authors are result of over-extension of the market. This is due to the fact that trading relations is no longer bounded by national borders and corporations are selling their products not only in the specific region, but on the every part of the globe, in order to get more profit. Such profit-seeking concept of producers also forced them to make production process as cheap as possible. For example, high-volume production was moved from developed to developing countries with cheap labor force (Reich, p. 5), also as the production becomes automated to exclude the costs due to worker’s salary (Marx, p.44, Reich p.17).
According to Reich, policy of American national companies, which is to expand distribution market, will eventually trigger slow but constant economical degradation. “And as the American corporation sold its goods and services all over the world, the purchasing power of American workers became far less relevant to its economic survival” (Reich, p.43). As the result of this, all classes in America wi...
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...ening wage gap. Reich states that economic crisis in America will result in lost wealth of the rich people, but that issue will affect only well-off people in America, consequently they can either immigrate to different country before he gets poor or invest in overseas companies. On the other hand from Marx’s point of view wealthy people will literally get destroyed by proletarians due to three reasons. Firstly, the proletarian revolution will be worldwide, so the rich people won’t have a place to run to, everywhere will be the same equal society. Secondly, proletarian revolution is inevitable therefore rich man can’t stop the Specter of Communism. Finally, if the former rich man will rise against communism he will be punished. Thus, in Marx’s scenario of sinking of wealthy people they are doomed, as there is no way for them to avoid that state of affairs.
Year’s ago, mention of this widening gap between the privileged and the struggling was considered “Marxist”, but now the facts are too evident to be blamed on a belief. The richer continue to get richer and the poorer get poorer; due to the fact that, the wealthy pay the labor working majority unfair wages. Ironically, this “supreme” group makes their fortune because of these under paid people. For example, Walmart a low paying corporation owned by the wealthiest family in America. As previously stated, the success of the upper class is at the expense of the lower class and we see this in more ways then one: late fees and rates are collected by the rich, Realestate is bought up by them, and they have control of politics. The solution seen most fit by Ehrenreich and Lowenstein would be to remove the classes and have an egalitarian
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.
The conditions described and analyzed by both thinkers are very similar and are focused on the rapid development of global trade and global economic cooperation. Marx mentions in the beginning of his “Communist Manifesto” that the “the discovery of America, the rounding of the Cape, opened up fresh ground for the rising bourgeoisie” (para13). In other words, the extension of the world market with the discovery of the lands rich with resources and new types of products allowed the rich people to widen their scale of operation and shift to the new markets in order to make more pro...
Marx begins explaining the inevitable fall of the bourgeoisie by claiming that once the peasants overthrow the feudalist society and transform into a capitalist society they [the bourgeoisie] will create a ruthless industry in which the proletariat are treated as slaves. Marx describes this industry as one of “the epidemic of overproduction,” (Marx). This overproduction of the proletariat will allow for the success of the capitalist society bourgeoisie. By creating a capitalist industry, the bourgeoisie ultimately brought about their own downfall, “...created their own grave-diggers” (Marx). As the market quickly grows in size and wealth, the bourgeois becomes insensitive and unable to adapt to the increase of wealth they’ve created, “too narrow to comprise the wealth created by them,” (Marx). This will result in a period of disorganization and chaos. This period will be the period in which the proletariat will be able to revolt against the bourgeoisie, overthrow the capitalist system. Once the capitalist system is overthrown. They will eventually transition it to a communist system through socialism. Once a communist system is established, all the social classes will fall and become one equal class. The once troubled industry which brought the fall of the bourgeoisie will become a communist industry which will distribute its profit equally among its workers as long as they work and private property will not be
Since the worker’s product is owned by someone else, the worker regards this person, the capitalist, as alien and hostile. The worker feels alienated from and antagonistic toward the entire system of private property through which the capitalist appropriates both the objects of production for his own enrichment at the expense of the worker and the worker’s sense of identity and wholeness as a human being.
This is because it allowed for the emergence of the powerful Bourgeoise, "In one word, for exploitation, veiled by religious and political illusions, naked, shameless, direct, brutal exploitation.” As Marx explained , the Bourgeois exploited the Proletariats through the means of the long hours the laborers had to endure to receive very low wages, which maximized Bourgeois profits. Furthermore Marx claimed that "The conditions of Bourgeois society are too narrow to comprise the wealth created by them ...it has also called the into existence the men who are wield to those weapons -the modern workers.” The elites have created a very exclusive market, In order for the market to be placed effectively; the Bourgeoisie depended on the exploitation of others to remain wealthy. Marx perceived this tactic that allowed the bourgeoisie to overthrow their predecessors could be used against the bourgeoisie in the long term. Nevertheless, the way to abolish the Bourgeois was for the Proletariats to revolt against the factories in their areas and destroy the technology inside the factories, this allowed for the return of skilled
Karl Marx was a German/Prussian philosopher, economist, sociologist, author, and revolutionary socialist. His economic ideas were the basis for communism, which can be seen around the world today. Marx was very popular due to his predictions of the fall of capitalism and the rise of the working class via revolution presented in his book, Communist Manifesto, written in 1848. Marx was very committed to his idea that history has always been affected by class struggles, which he touches base on in his book. His ideas are often found very controversial, and in Communist Manifesto, there is a lot to make controversy about.
Karl Marx is living in a world he is not happy with, and seems to think that he has the perfect solution. I am a strong believer in his ideas. We are living in a time period with a huge class struggle. The Bourgroise exploits and the proletariat are being exploited. Marx did not like the way this society was and searched for a solution. Marx looked for “universal laws of human behavior that would explain and predict the future course of events" (36). He saw an unavoidable growth and change in society, coming not from the difference in opinions, but in the huge difference of opposing classes. He speaks of his ideal society and how he is going to bring about this utopia in his book The Communist Manifesto. I am going to share with you more on his ideas of this “world-wide revolution” (36) that would put an end to social classes and allow people to live with equal sharing which would result in a harmonious and much peaceful world.
“Why the Rich are getting Richer and the Poor, Poorer” written by Robert Reich, describes as the title says, why the rich are getting richer and the poor, poorer. In Reich’s essay he delves into numerous reasons and gives examples of each. It makes one wonder if the world will continue on the path of complete economic separation between the rich and the poor.
Karl Marx and Friedrich Engels’ The Communist Manifesto explores class struggles and their resulting revolutions. They first present their theory of class struggle by explaining that “The history of all hitherto existing society is the history of class struggles” (Marx 14), meaning that history is a repeated class struggle that only ends with a revolution. Marx and Engels’ message in The Communist Manifesto is that it is inevitable for class struggles to result in revolutions, ultimately these revolutions will result in society’s transition to 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.
...008, American economy suffered a great economic crisis known as “The Great Depression” that affected the country tremendously. This crisis comes from the greed of capitalists and lack of information and understanding of capitalism from the people. Each of us, especially the government, is responsible for allowing such crises to happen. Karl Marx’s critique serves as a guideline for us to understand capitalism and acknowledge its negative effects to our lives. By doing so, we can forecast future crises and preventing from happening.
The second section of The Communist Manifesto is the section in which Karl Marx attempts to offer rebuttals to popular criticisms of his theory of governance. These explanations are based upon the supposition that capitalists cannot make informed observations upon communism as they are unable to look past their capitalist upbringing and that capitalists only seek to exploit others. Though the logic behind these suppositions are flawed, Marx does make some valid points concerning the uprising of the proletariat.
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.
But as many societies modernized and grew much larger then working class became more educated, gaining specific job skills and achieving the kind of finical well-being jobs Marx would of never thought possible. As we see in today era in the year of 2016, workers are no longer getting exploited. Workers are now working under the protection of a union and a labor law. In a recent, New York Time article published on September 13, 2016, titled "Americans Inequality Problems: Real Income Gains Are Brief and Hard to Find". American 's income increasion was presented. A recent count by the Census Bureau provided good news for a beleaguered set of working class. A typical American working class income had increased by a heavy 5.2 percent in 2015. The first sky high jump since 2007, the year right before the economy had sank into a hard recession. The average income for the poorest population increased by a 6.6 percent after three back to back consecutive years of decline, the American economy has began to lift, the fellow ruse of the minimum wage across many states and municipalities. But what many American 's ask is what "why now why after so many years after the increase of labor income?" The answer to this question has many factors that can imply but one cause was mainly on distribution.Most agreed that the only way Americans were going to make it ahead would be through a paycheck. But the question still stands