Karl Marx And The Industrial Revolution Essay example

Karl Marx And The Industrial Revolution Essay example

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Karl Marx was a philosopher, a sociologist, economist, and a journalist. His work in economics laid a foundation for the modern understanding of distribution of labor, and its relation to wealth generation. His theories about the society, economic structure and politics, which is known as Marxism led to him developing social classes. He later on showed how social classes were determined by an individual’s position in relation to the production process, and how they determine his or her political views. According to Karl Marx, capitalism was a result of the industrial revolution. Capitalism is a system that has been founded on the production of commodities for the purpose of sale. Marx defined the
2. Theoretic View Points to Power
According to Marxism, it asserts that a person’s position within the social classes is determined by the role that they play in the production process. It further emphasizes that a person’s political and ideological consciousness is determined by an individual’s class position. In his view, he believed that the production process structure formed an important basis for the class construction. Marx derived his theory from observing in social alienation and human struggle, and noted that the class structure was related to the historical consciousness. It was further enhanced by his political-economic theories that focused on the origin of income of people in the society. This was divided into two main groups i.e. the Rentier, Capitalist and the Worker. Marx showed how the origin of income was a determining factor in the formation of different classes.
Class Structure
As has been stated before Marx believed that there are different social classes that exist in the society, and they are divided based on di...

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...lumes, and determine wage payments of employees.
• It leads to class conflicts after a certain period of time. The workers form unions based on a common interest to fight for their cause i.e. better working conditions and wages.
In Marx’s view, he believed that the means of production is a determining factor in the social class hierarchy. The wealthy are the people who own factories and land. Therefore, they have the ability to control the elements in the society. This includes the livelihoods of the working class. The working class has to work for wages in the factories and land providing their services to the wealthy. He showed that a minority controls wealth and the majority is poor. The wealthy and the working class have opposite interests that are separated by both their wealth and power influences. The wealthy live in leisure and have abundance when

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