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Explain What Does Marx Mean By The Statement That Socialism Will Replace Capitalism

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Marx Social Conflict Theory says that individual and groups of social classes in society occupy different amount of material and non-material resources. These resources include wealthy and powerful vs the poor. Marx says that the powerful groups use their power to usurp the rights and resources of the poor or less power class of the society.
Proletariat: They owns labour power, who are capable to work for those who are the powerful and own resources. This calss work with their hand, bodies and minds to make a living. As they have no other ownership so inorder to survive and buy means of living for themselves and their families, they must find employment work with an employer.
Proletariat. The proletariat are owners of labour power (the …show more content…

The bourgeoisie class or capitalists are the owners of capital. They purchase and abuse labour resources using their high position and power to their advantage and to the disadvantage of the poor labored class and hence are able to increase their wealth and power. Being wealthy is, in itself, not sufficient to make one a capitalist (e.g. managers in the state sector or landlords). What is necessary is the active role of using this wealth to make it self-expansive through employment and exploitation of labour.
2. What does Marx mean by the statement that socialism will replace capitalism? What is capitalism? What is socialism?
Capitalism and Communism, are two different form of political and economic ideologies. In Communism the community or society solely owns the resources or the means of production and believe in fair and equal distribution of wealth and resources by all people living in that commune.
Capitalism: On the other hand, in capitalism, the resources or the means of production lies with a private owner, a free market economy and uneven distribution of wealth and power with little government interference and control. For Communists, the society is above individuals. But for capitalists, individual freedom is above the state or society. While capitalism is a self regulated economic system, communism is a government run

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Socialism is an economic system based on the collective ownership of the means of production, collective distribution of goods and services, and government regulation of the economy. Communism is a system of government that eliminates private property. Communism erases social structure and orders as everyone works equally under the government.  Karl Marx identified the shift from household production to factory work as an example of when people lose control over their production and the conditions of production, they become alienated and view work as a means to survive.  --- service and knowledge

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After reading chapters 1,2 and 3 of Fresh Fruit, Broken Bodies by Seth M. Holmes I will say that fieldwork is one of the most important things about cultural anthropology. Learning someone's daily routine is just the beginning but living , learning and eating amongst others. Having to think like them also . So far this book has a strong messages in how we Americans use other people for our personal need and dispose them after where done. If we allow them to work for us in these Farms that means we need them.

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According to the Chambers Concise Dictionary (2009) Capitalism is defined as “An economic system based on private, rather than state, ownership of businesses, factories, transport services, etc., with free competition and profit-making.” And Socialism is defined as “A political doctrine or system, which aims to create a classless society by removing the nation’s wealth (land, industries, transport systems etc.) Out of private and

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The government owns and carry out the means of production and distribution of goods. As a result of socialism the inequality which many were forced to endure was disregarded. Capitalism may surely cause monopolization and oligarchies, and that the system's use of resources is unsustainable. According to Marx capitalism centers profits and wealth in the hands of the few who use the labor of others to gain wealth. Communism, however, is the economic system that enables a single authoritarian party controls the means of production.

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It is argued that social inequality occurs because of the conflict between the upper-class and the working-class, or as Marx defines it, the Bourgeoisie and the Proletariat. Based on the Manifesto of the Communist Party (Marx and Engels, 1848), the divergence emerges because the aim of the Bourgeoisie is to obtain a surplus-value that is produced by the work of the Proletariat. On the other side, the Bourgeoisie provides the Proletariat with the minimum required, such as a place to live and a minimum wage, in order to keep the society under control and avoid a rebellion. However, Marx did predict a revolt of the working-class that would eventually lead to a communist regime. When it comes to applying this theoretical approach to reality, it is evident to notice that no global revolt in regards to capitalism has occurred.

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As I was researching, I understood that during this period normal people were very limited in how they could make a living, but I could not really draw the line between capitalism and socialism. What makes them so different? Capitalism is an economic system in which the means of production are privately owned and operated for private profit. The

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Marx and Engels look at capitalism with seriously negative opinions. They regard the system as extremely unsuitable, and are deeply concerned with getting rid of it. In a capitalist society, capitalists own and control the main resources of production - machinery, factories, mines, capital, etc. The modern working classes, or proletariats, own only their labor. Proletariats work for the capitalists, who own the product that was produced and then sell it for a profit.

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The proletariats are the wage earners or the labour class, in a capitalist society the proletarians don’t have much wealth, and their main asset is their labour power. The bourgeoisie is the class that owns the means of production, their class interest lies in the value of property and the preservation of capital, and this ensures their perpetual economic supremacy in society. According to Marx, in the capitalist mode of production, a worker slowly loses the power to decide upon his or her life and destiny, they lose their Gattungswesen (“species-essence”), and this is a consequence of living in a socially stratified society, where human beings become a mechanistic part of a social class. Even though human beings are self-conscious and autonomous, in a capitalist society they are nothing but an economic entity whose acts are dictated by the bourgeoisie, with the aim

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According to Edwards et al. (2006) Marx thought that within capitalism there would be an increased divide between the bourgeoisie class and the proletariat class in the future. The proletariats are lower of the two classes, the people who have to work for wages in order to survive. The bourgeoisie are the people in society who controlled and owned the means of production in a capitalist system.

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Capitalism and Socialism are types of systems throughout the world in different societies that have had their successful periods of time, but did not show to have the same success at other times during the course of history. Socialism’s theoretical essence says that ownership of property should be in the government’s hands meaning that government has more rights in the assets than individuals do while Capitalism gives to the individuals the right of property, creating a better society since the individuals can produce and purchase as they need to. Capitalism is the political and economic system where land, factories, companies, etc. are owned privately to produce profit for those who own them. Prices of services and goods vary from the costumer’s

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Marx saw capital and liberal democracies as the fundamental reasons for the low standards of living and the low social conditions of workers. Karl Marx in particular is especially concerned with the political assumptions behind these two ideologies. According to him, these two types of government should be replaced by communism, since communism would provide a more equal and socially just society. Although this statement may seem unusual, since we tend to associate communism with Stalin and China, the type of communism implemented in these countries is different from the communism that Marx and Engels envisaged in their Communist Manifesto. Marx and Engels’ vision of communism is based on the principle of equality among the people and freedom

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Bourgeoisie, which gains the power, defines superstructure “including all social and legal institution, all political and educational systems, all religions and all art” (Bressler, 162), and articulate the ideology which is based on profits of bourgeoisie. The bourgeoisie ideology leads to alienation of individuals, especially proletariats. This bourgeoisie ideology creates the clash between the two classes. Marx supported the working class and their victory over dominant class. Marxism believes in providing equal opportunity to the working class as that are available to the

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Socialism aimed to close a gap between rich and poor, it disagree with capitalist system because socialism believe that capitalism creates disparity in society. Unlike communism, socialism

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Capitalism, according to Karl Marx is divided into two major social classes: the Bourgeoisie and the Proletariat. The Bourgeoisie, which is the minority of the class system, own the means of production such as land, machinery, factories and raw materials whereas the Proletariat, which is the majority of the class system, having no means of their own production and have to work to earn wage for a living. Karl Marx has his own theory that history is made up by class struggle which he mentioned in his book – Manifesto of the Communist Party: “The history of all hitherto existing society is the history of class struggles.” (Marx and Engels, 1848) and had predicted that the Proletariat would lead a revolution to overthrow the Bourgeoisie. Karl Marx believed that there will be intrinsic conflict like exploitation, alienation of labour and commodity fetishism between both of the classes.

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Class conflict, Marx believed, was what encouraged the evolution of society. To quote Marx himself, The history of all hitherto existing society is the history of class struggles. Freeman and slave, patrician and plebeian, lord and serf, guild-master and journeyman, in a word, oppressor and oppressed, stood in constant opposition to one

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