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Banks Aren T The Only Villains Outsourcing Jobs Summary

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Karl Marx would respond to the article, “Banks aren’t the only villains outsourcing jobs”, by Thomas Walkom with a sizeable difference of opinion. Marx would use his theory of surplus labor to identify why he disagrees with the idea of outsourcing. Marx’s theory of surplus labor refers to the idea that a certain amount of work completed each day creates no value for the laborer themselves, but instead value is created for the employer and or company in which the laborer is working. From this perspective and theory, Marx makes it evident that labor and working is very important for one’s existence in society. His problem would lie in the issue that the capitalists benefit from the hardships and unfair hard work of those doing the work. The employees work for less pay as the employers continue to outsource and find cheaper alternatives for their work to be competed. …show more content…

Businesses are trying to pay their employees less, while continuing to expect them to do the same amount of work. This is where outsourcing was established. Jobs are being outsourced to cheaper countries, where the workers are willing to do the work for a smaller salary than those in more established and industrialized nations. This means the company itself is making more profit, while the employee is not. For example, if a company is charging their clients a certain price and they start outsourcing their work to make it cheaper, the company is now acquiring a larger profit. This money does not help the worker, it goes back into the pockets of the owners and

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Marx states that labor “not only produces commodities. It also produces itself and the worker as a commodity, and indeed in the same proportion as it produces

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The number of minimum wage jobs available have decreased but so have the number of professional jobs. This is due to the fact that immigrants usually do not have a middle class with average skills. They are either refugees escaping their country hoping for the U.S. government to help them out or they are highly skilled and trained professionals needed by the United States. This has led to an economic

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Marx, in this work, points out the buyers are naive to where the products come from. We glance past the fact that these laborers are exploited for our gain. In The Alienation of Labor Marx discusses a political economy. Political economy is, “what we would call macroeconomics, that is the economics of large systems” (pg. 250). Marx argues that there is a connection between many aspects of economics.

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Many companies choose to outsource because it is often cheaper in terms of salaries and benefits. The average minimum wage in China is $1.18 compared to America’s $7.25. With a reduction of labor costs and cheaper materials, companies are able to turn those savings onto the consumer. With the ability to lower the cost of the goods and services the company is able to stay within the competitive market. With the cost of salaries greatly reduced organizations are also able to keep more cash on hand, freeing their resources for other purposes, such as “capital improvements”.

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Marx looked at the concept of alienation with labour and how the work we do cause us to become alienated under capitalistsm. Marx compared humans to animals. In this debate Marx believed that what made us humans different to anmals was that “humans capacity to work consciously actively and for purposes physical need defines our species being” (Stonebridge 2017:week 3). In marx writing of alienation he state that humans become alienated in four ways, alienation from the product meaning that humans put all this hard energery into a product but do not get any benfit only the capitalist do, alienation from the process meaning that workers cant choose their working environment rather it is chose for them, alienation from our species meaning that we are only working for the wages not for the actual fulfillement of the jobs and lastly alienation from others meaning that under capitalism everyone looks at each other in the workforce as capitalism. Marx believed that the only benefit to alienation was that technology would “enrich the species life of everyone rather than produce profits for only the few” (Stonebridge:2017:week

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Whether it be a hobby, your job or helping society in one way or another. Unfortunately, when we look at the capitalist society, Marx points out that the working class became a commodity to the rich. In other words, Marx says “The worker becomes poorer the richer is his production”. Since almost every company has that one or several people in charge and under them are the workers, Marx explains that this has caused the labor that the workers put out to be considered an object.

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When these large enterprises choose to outsource, they do not realize how many people are getting laid off work due to outsourcing. “In 1960, about one in four American workers had a job in manufacturing. Today fewer than one in 10 are employed in the sector, according to government data” (Long). The people that are losing jobs are family members and friends that have dedicated their adult lives to their jobs, depend on them to support their families, yet the company’s main concern is in more profit.

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Marx makes a few key points when speaking about his theory of alienated labor. He draws these points by evaluating the welfare of individual workers and the effect of capitalism. His first point is that when a person creates and produces something on his own; he is solely entitled to it. The person benefits from both the full capital gain and his own self achievement. On the other hand, if the same person works for a company he is stripped of being solely entitled to both gains.

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Karl Marx argues that modern labor practices lead to the alienation of human beings from the product of their work. He states that human beings will become alienated from their product because there will be no “pride” in the product, humans will become alienated from one’s own labor because the task will be so mindless that it will become autonomous, losing his free will, humans will become alienated from others because todays labor practices are based on everyone fighting for the best jobs; forcing everyone to only look out for themselves, and finally alienation from oneself in the sense that what people contribute to the world is a manifestation of oneself and when we do not have to be creative we begin to lose who we are as people. More like people will live to work instead of work being an extension of our own being. I disagree with Marx on his idea of alienation because people it is impossible for someone to come completely alienated from everything because they did not have full hands on experience with the creation of the product. Karl Marx first argues against modern labor practices by saying that people will become alienated in four ways, from their product, from their labor, from their counterparts and finally from

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2. 2. 2 Alienation of Men in Capitalist Industrial Mode Then epoch has seen a common phenomenon in the capitalistic society that the tool invented by human beings takes the charge of its creators in reverse. Karl Marx elaborates alienation as “ the work is external to the worker, that it is not a part of his nature, that consequently he does not fulfill himself in his work but denies himself, has a feeling of misery, not of well-being, does not develop freely a physical and mental energy, but is physically exhausted and mentally debased”(Marx,1988:85). In this way, men are estranged by their labor.

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He believes that laborers are losing their ability to believe in work and because of this the quality of what they makes is lost. In my own working environment I’ve been able to see exactly what Marx is talking

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Marx’s theory on exploitation is related to his earlier writings on the theory of alienation. They are both similar in that they are both highly critical of the capitalist system. Grint,(2005) emphasises that before Karl Marx nobody had ever confronted the idea of exploitive wage labour, many great thinkers of Marx’s time like Locke and Ricardo thought that the value of the wage labour was exactly equivalent to the labour expended while producing a product. Watson,T.J (2008) states that “ capitalist employment is exploitive in attempting to take from working people the value which they create through their labour and which is properly their own. ”P.62.

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Karl Marx considers labour as a conscious act and not just as another physical act. He believes that humans through labour derive their subsistence and survival, they establish a relationship with their prolific powers and hereafter sustain themselves and form a connection with nature and can use it in their lives. Thus, labour doesn’t just remain a physical act, but also one that brings about realisation of one’s self. Marx compared the situations under feudal and capitalistic soc ieties, and he found out that unlike in the former; production in the latter is sent to the platform for exchange called the market and thus the product of labour is for someone else’s use.

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Karl Marx declared It is true that labour produces wonderful things for the rich, but for the worker it produces a privation. It produces palaces- but for the workers, hovels. It produces beauty- but for the workers, deformity. It replaces labor by machines, but it throws a section of the workers back to a barbarous type of labor, and it turns the other workers into machines Types of public service efficiency Investment Efficiency

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Marx emphasized as modern society grows the worker becomes poorer with the wealth he produces and the more his production extends and increases in power, the worker is becoming a cheaper commodity than what he produces. In Marx’s writing in1844, he shows how alienation arises from private labour. Marx showed that the specific form of labour characteristics of bourgeois society, wage labour, corresponds to the most insightful form of alienation. Since wage workers sell their labour power to earn a living, and the capitalists own the labour process, the product of the worker labour is alien to the worker. It is not his/her product but rather the product of the

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