Karl Marx’s Theory Of The Capitalist Economic System

1036 words - 5 pages

Karl Marx was born in Trier, Germany in 1818. He was a Economist, Philosopher and a Sociologist. Marx attained his PhD in Philosophy from the University of Berlin in 1841. Among the various theories and concepts developed by Marx, his theory on the capitalist economic system along with the concept of the base and superstructure is what he widely recognized by. Although Marx was born in a fairly wealthy middle class family, Marx has always questioned the capitalist system that is being utilized. More recently with the emergence of media, the capitalist system has been able increase the gap between the poor and the wealthy. The documentary, Class Dismissed: How TV Frames the Working Class addresses the inequality of the capitalist system with the aid of Marx’s theory of capitalist, in addition to educating the audience of the dishonest techniques utilized by the media to conceal this inequality (2005,Alper).
The film, Class Dismissed: How TV Frames the Working Class, by Loretta Alper illustrates how the media uses stereotypes in a humorous manner to gain viewers. The film is based on the 90’s sitcoms. As described by the film, many of the most memorable characters of these sitcoms are of the working class (2005). Furthermore it states that since we view television as a source of entertainment not education, we are easily being subconsciously manipulated. Most if not all the sitcoms presented, showed the working class as buffoons. From characters like Doug, from King of Queens, to Larry, from Larry the cable Guy, we are persuaded that, that is who the working class is (2005). Then there is a new set of shows that portray families of the middle class as ones in The Cosby show, The Jefferson’s and My Wife and Kids. These shows convince us and build our views of the middle class. These are the families that we feel closely related to and the fact that they are portrayed as middle class, make us believe that we are also the middle class and not a part of the working class. To further persuade the audience, the addition of reality tv and shows like, Jerry Springer, Maury and Cops, makes the audience view the working class as second class citizens.
Karl Marx’s capitalist system categorizes individuals into three distinct classes (2014, Brym). The highest class includes the capitalist and the bourgeoisie. According to Marx, these are the individuals who own the means of production, which is everything needed for production including raw materials, machinery and factories (2014). The second class are the petite bourgeoisie, who maintains the capitalist system by producing ideology that supports the bourgeoisies. This the class composed of the philosophers, social scientists, white collar individuals and even small business owners (2014). The lowest class according to Marx’s theory is the working class. These are the wage earners and blue collar workers (2014). The Bourgeoisies and the working class are linked by the relations of production. This is the...

Find Another Essay On Karl Marx’s Theory of the Capitalist Economic System

David Hume and Karl Marx’s Critiques of Religion

1287 words - 5 pages remember that Marx recognizes religion as a secondary problem stemming of the social economy. Marx claims religions affect the poor mostly, since economic realities prevent them from finding true happiness in this life, so religion tells them that this is ok because they will find true happiness in the next life. Hume’s Natural History of religion touches on Origin of Theism from polytheism is similar to Marx’s concept that the proletarians use

The Capitalist System in Business Essay

1457 words - 6 pages Marx and Engels have a great deal of writing in the Wage-labour and Capital dedicated to the struggle between capital and labour that drives the inevitable internationalization of the capitalist system. Marx had foreseen the errors and flaws of capitalism itself. In his writing, he highlights these flaws of capitalism’s self-contradictory characteristics that, “capitalism contains the seeds of its own destruction“ During the time of their

Marx’s Theory of Alienation in The Context of Technology and Artificial Intelligence - University of Toronto Sociological Theory - Essay

1640 words - 7 pages Essay Assignment SOC201H1S Lokit Bala Boobalan 1002773867 Marx’s Theory of Alienation in The Context of Technology and Artificial Intelligence SOC 201H1S – Sociological Theory Course Instructor: Joseph R. Bryant Submission Date: 2018-03-27. Student Name: Lokit Bala Boobalan. Student ID: 1002773867. Karl Marx in the Economic and Philosophic Manuscripts of 1844 defined alienation as the state or experience of being isolated from a group or an

Analyse Karl Marx’s overall attitude towards the British Empire throughout his life?

1768 words - 8 pages ‘imperialism’ was not a word Marx ever used. This was because it was not a concept that he was aware of, and the frantic land grabs that Lenin was so scathing of had not come into being. To Marx, the act of having an empire was something that was unjust and brutal but he believed that it brought industrial capitalism and thus progress, which he found preferable to primitive societies. According to Marx’s theory, countries had to undergo certain stages

Weber’s Inquisitive Ethos Built on the Shoulders of Marxist Capitalist Theory

1732 words - 7 pages is superior though because he integrates examples of religion and morals to further support these points: the oppressive systems of capitalism and the persistent class antagonisms. Disproving even Marx’s own identity as an economist, Weber’s argument is marginally superior because it uses morality to elaborate on Marx’s seemingly-economic conclusions regarding the rise of bourgeois capitalism. Marx’s explanation of the rise of bourgeois

Karl Marx's theory of alienation

579 words - 2 pages Few philosophers viscerally strike a chord with their readers, regardless of the subject in question. Yet there is something within Marx's essay, Alienated Labor, that is able to communicate directly to working people laboring even over one-hundred and fifty years subsequent to its publication. There is good reason for this: Marx elucidated a theory of labor in which workers become subservient to the objects they produce, a theory where people

The Economic System of Islam

2733 words - 11 pages United States Business entertainment in Japan Cigarettes in Europe Alcoholic drinks in Europe Narcotics in the world Military spending in the world 8 11 12 17 35 50 105 400 780 http://www.globalissues.org/issue/235/consumption-and-consumerism All these are the ultimate result of the so called rational producers and consumers in existing economic system. Now people are looking for the ethics in production and consumption. And Islamic

Assess the strengths and weaknesses of Marx’s analysis of capitalism

1921 words - 8 pages , only much quicker. Exploitation is one of Marx’s prime criticism of the capitalist system. Exploitation of the Proletarians (Modern working Class - Class of labourers) by the Bourgeois (Middle Class). This theory centralises on the perception that the Bourgeois take unfair advantage of the Proletarians. Marx believed that labour was the source of capital considering without labour there would be no product. In order for the Bourgeois to

A Comparison of the Economic Theories of Adam Smith and Karl Marx

2467 words - 10 pages There is perhaps not a more famous ongoing dialectic argument in the field of political economy than the one between Adam Smith and Karl Marx in regards to capitalism. The two thinkers, although coming to radically different conclusions about the outcomes of the capitalist system for all parties involved, agree on a surprising number of ideas such as labor being the source of commodities’ value, as well as the fact that the division of labor

Karl Marx's Theory of Surplus Labour

1369 words - 5 pages Karl Marx's Theory of Surplus Labour For Marx surplus labour is the extra labour produced by a worker for his employer, to be put towards capital accumulation. The worker must do this work to keep his job but otherwise gains nothing by it. By helping the accumulation of capital he contributes to the cycle of mechanization and division of labour, which allow for fewer workers to do more work, thus adding to the competition between workers

A Comparison of the Economic Philosophies of Adam Smith, John Stuart Mill, and Karl Marx

1811 words - 7 pages economic theory at the time (18th Century) was mercantilism, which focused on foreign trade and a positive balance of trade (Net Imports > Net Exports;Trade Surplus). Around 1760, Smith was in France, which was horribly in debt due to the ruinous aiding of Americans against the British, amongst other reasons. Smith envisioned the government playing a larger role, one which consisted of protection through merchant marines, bounties given to defense

Similar Essays

Karl Marx’s Theory Of The Capitalist Economic System

1122 words - 4 pages Karl Marx’s was a German philosopher, economist and evolutionary socialist born in Germany on May 5th 1818. His theories mostly consisted of the capitalist economic system. Marx’s attended the University of Bonn and University of Berlin. He is widely recognized for his theory of on the class system which included the concepts of base and super-structure. Marx’s theory of the class system is well exhibited by the documentary film, Class Dismissed

Sociological Theory: Karl Marx: Major Features Of Capitalist Mode Of Production

4076 words - 16 pages Sociological Theory: Karl Marx: Major features of capitalist mode of production Introduction.Karl Marx is one of the outstanding and influential social scientists of the 19th century, an undeniable founder of modern social science. Some critics, however, believe that Marx was not an original thinker and that his claim to recognition lies in the fact of his remarkable synthesis of German Philosophy, French Sociology and English Economics of his

Sociological Theory: Karl Marx: Major Features Of Capitalist Mode Of Production

4093 words - 16 pages , there is the economic analysis which gives an exposition of a theory of value in an attempt to discover the secrets and the process of capitalist exploitation. Thirdly, there is a view of the state, about its present structure and nature, and techniques of changing it through revolution. We may also mention the fourth, a prophecy and a vision: the prophecy about the development of capitalism and its ultimate destination, and the vision of the final

The Capitalist System Essay

1972 words - 8 pages While capitalism is prevailing in the modern society, the issue on whether an amoral profit driven capitalist system is good for the society or not has been raised. Some believe that an amoral capitalist system is the best way to organize individuals together to serve the society. However, others argue that a amoral capitalist system will harm the society instead of benefit it. In this essay, I will be presenting the view of two neoclassical