Karl Marx’s key tenet as to inequality is capitalism in his eyes defines one’s social class having a direct influence on one’s life experiences and life chances. The problem with capitalism is that is distorts the structure and meaning of the work process, with negative consequences for society as a whole and especially for workers. The distortion comes from several characteristics basic to the capitalist mode of economic organization: private property, surplus expropriation, the division of labor, and the alienation of work. Private property is a social activity, requiring groups of people working together to create things. Private property is the byproduct of division of labor. Surplus expropriation is the exploitation of workers’ labor to create profit. Marx believed it distorts the natural work processes is the expropriation of surplus wealth by the capitalists at the expense of the worker. Workers generate most of the wealth; yet receive only a small portion. The owners of production pay their workers less than the value of their labor, usually enough to maintain …show more content…
Success and money are more difficult to achieve when a person is faced with certain obstacles that others do not have to overcome. Many Americans wish to work hard, buy a home and start a family, however the reality of owning a home can be difficult depending on the housing market forces. Buying a home also becomes more challenging when home values are increasing. Historical factors such as slavery and racial segregation, have constrained minorities, such as African Americans from securing and accumulating assets. As a result, minorities have a difficult time acquiring high quality housing. To this day, racial discrimination takes a toll on housing searches, thus leaving American families to live in lower quality neighborhoods and work in minimum wage