Sunday, May 17, 2020

Karl Marx - Capitalist Alienation Essay - 709 Words

A century and a half ago, Karl Marx established a theory that today is known as the backbone to modern socialism and communism. Marx viewed the early capitalism of his own day as inherently exploitive. At the core of capitalist production is what is considered surplus value, the value left over after the producer (in Marx’s case, factory owner) had paid the fixed costs of production such as raw materials, machinery, overhead and wages. The left over amount was kept as profit, a profit that Marx saw that was earned from the sweat of the labor. Derived from his idea of surplus value was that of alienation. Marx gave an economic interpretation to alienation. People were alienated from their own labor; their work was appropriated by someone†¦show more content†¦In realizing that the capitalist had a new tool with which they could barter or trade, they also realized they now had an effective tool to keep the cost of the labor commodity down and in effect control those of t he labor community that would become trouble for the new way of doing things in this new capitalist, industrial, power creating realm. The first casualty was and is always the worker in a capitalist society, according to Marx. See, first of all, Marx saw the many workers as victims who were or are taking advantage of by the owners of the factories and other means of production to satisfy the gain of profit by the few capitalists. Marx argued that under capitalism labor seldom receives more than bare subsistence. According to Marx, the surplus remaining is appropriated by the capitalists as their profits. This was a belief that many laborers, trying to organize to obtain better wages and work conditions during early commercial capitalism, held and acted upon. Arguing that â€Å"the history of all hitherto existing society is the history of class struggles,† (500) and that liberal governments and ideology were merely agents of the exploiting owners of property, Marx advocated the abolition of private property and predicted the demise of capitalism after a series of recurring crises. The abolition of property, and therefore of classShow MoreRelated Karl Marx - Capitalist Alienation Essay665 Words   |  3 PagesKarl Marx - Capitalist Alienation THE TERM alienation in normal usage refers to a feeling of separateness, of being alone and apart from others. For Marx, alienation was not a feeling or a mental condition, but an economic and social condition of class society--in particular, capitalist society. 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