The Paradox of Capitalism Essay

The Paradox of Capitalism Essay

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Capitalism is an engine of economic growth that drives innovation faster than any sports car imaginable. Driving into oblivion can be thrilling, but it always has risks. The paradox of capitalism is subjective. For the working class, capitalism is a derogatory term symbolizing the exploitation of the poor by the strong and powerful. For the ruling class, it symbolizes a system where opportunities abound for those who are devoted, innovative, and work hard. Karl Marx and Emile Durkheim, prominent social theorists studied the division of labour in a capitalist economy and both of their views have merit. Marx, well renowned German philosopher was one of the first incredibly influential social activists in history. He fear that we live in a materially determined economy has come to light brighter than ever before. He believed that members of a society were in constant conflict with one another because the bourgeoisie exploited and dominated the proletarians by using labour as a cheap commodity. He is very critical of capitalism and believes it is unjust and discriminatory as it benefits the upper class while depriving the lower class. Marx’s legacy opened the door and led a pathway for fellow philosophers to follow in his footsteps. Durkheim, later prominent sociologist took the pleasure of walking through a different pathway aside Marx. Rather than members of a society being in conflict with each other, Durkheim asserted that people shared a widely common ideology. From a functionalism perspective, institutions force people to interact with one another to survive as they share similar goals and attitudes toward the workforce such as, working hard to get a decent job to support ones family. Social cohesion is how civilization survives...


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...nd Edles: 81). My answer to this is it can become increasingly difficult without solidarity to ground you. Bullies, for instance prey upon their victims insecurities, they make them feel inferior by attacking and excluding them. In an anomic state, the victims become depressed which may lead to suicidal thoughts. Durkheim’s theory of solidarity can help alleviate the teen suicide epidemic. In order to prevent this, connectivity and societal acceptance would be logical solutions to the problem. By contrasting Marx’s laws of motion with Durkheim’s solidarity theory, and comparing alienation and anomie, we successfully can distinguish the benefits and dangers of capitalism. Above all, Karl Marx, a conflict theorist and Emile Durkheim, a functionalist, resemble how vital sociology is not only in a historic context, but how relevant they are in resolving social problems.

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