History Of Feudalism

1481 Words6 Pages
When colonization created new markets and started to economic expansion between the European nations and their colonies, especially in the Americas, a new wealthy middle class (Bourgeoisie) who focus more on trade, manufacturing, and banking business, integrated into the existing social structure. Actually, bourgeois are the economic base of the aristocracy, which becomes a center point for the work of the Communist Manifesto by Karl Marx, a social scientist and revolutionary socialist, and Friedrich Engels, who was the father of Marxist Theory together with Karl Marx. Communist Manifesto was written in 1848 and published in London before French Revolution in order to announce the program and organizational principles of the new Communist League,…show more content…
In order to understand the period of transition to capitalism or the bourgeoisie transition from feudalism to sovereignty, it is better to focus on the feudal structure. Feudalism was a social class, which started with collapsing of the Western Roman Empire in the Middle Age and ended with Istanbul conquest in 1453. The most prominent feature of Feudalism that the people directly depended on the feudal order because there wasn`t any state union. The union was divided into different classes by Feudalism. In the Feudal order, using soil freely wasn`t possible. There was a legal inequality and economic exploitation between people, who had got production facilities, and servants, who served to them. This is known as the feudal economy…show more content…
The petty bourgeois are holding a limited capital and in the mood of half-worker and a temporary progressive class. In general, they are crushed by the big and middle bourgeois, and the system gradually destroys them and become workers. The middle class bourgeois has a larger capital, more educated, and partly reactionary. The big bourgeois contains a large portion of the capital. Thanks to the workers, they improve their capital and try to protect the existing order. Marx states that: ‘The bourgeoisie cannot exist without constantly revolutionizing the instruments of production.’ It seems that Marx surely right about the superiority of capitalism. Marx 's economic analysis of capitalism is based on his labor theory and involves the capitalist profit analysis of exploiting of the proletariat as well as. Besides that, in his book, he complains that the intellectual creations of individual nations become common property and national one-sidedness and limitations are no longer possible now. The nations are forced to comply with the mode of bourgeoisie production if they don`t want to be
Open Document