As to what class people belong to is determined by the economic means and conditions of production. Each period of economic developments is characterized by a particular class. In feudal times the majority of people were serfs. In time hand-mill production was replaced by steam-mill production so capitalism replaced feudalism. One could say that this gave rise to a new class of ' haves ' and 'have not’s '.
The bourgeoisie has control of industry, or the economic engine of society, but also because those within this class seized state power by creating and controlling the post-feudal political system. Consequently, Marx and Engels explain, the state (or, government) reflects the world views and interests of the bourgeoisie class the wealthy and powerful minority and not those of the proletariat, who are actually the majority of
In conclusion, communism as described by Marx would represent a perfect type of government, where the citizens have the power, and where everybody is equal. However, this does not represent the truth. Men are driven by self-interest and more important by the desire to make profits, and these conflicts with the principles described by Marx. Societies should also be based on meritocracy, where the best individuals will have the best opportunities and also the best chances to succeed. Although capitalism may seem to stretch this concept, since only capitalists and landowners have this right, in our days, many people can have better chances than what their natural condition was.
It can be said that Communism is a revolutionary socialism so it is more intense than Socialism. In term of property, Communism believe all property should be public property and the government has a duty to divide it equally to each person. In contrast, Socialism divides property into personal and industrial property. In addition, workers will not receive any additional reward if they work hard, unlike Socialism. Socialism is more liberal than Communism.
It means that capitalism eviscerates liberalism and creates neoliberalism which is technical rationality for its own purposes. Capitalism sees us as a quantities, now we measure the value of our lifes as quantities (money, interests,likes) rather than qualities. Neoliberalism not only harms the substance of the democracy but also devalues the human body and soul by seeing the humans as a quantities. We are not political animal anymore that negocicate, deliberate, compromise like Aristo once said, we are now economic animal that try to buy politics with
Capitalism polarizes a society economically: the very rich and the very poor. Capitalism creates large scale economic inequality which, in turn, can engender grievances among members of a society fueled by the haves and not haves. Capitalists argue that, open/free market provides the opportunity for anyone to freely compete and pursue their desired choices; however, the religious moral argument castigates the capitalist economic order mainly because of the moral implications for members of a society as a whole. Greed – natural or nurtured – obliges individuals to accumulate excessive wealth. These patterns can be clearly observed in the capitalist economic environment where persons with higher economic capital dominate persons with lower capital.
Socialism and capitalism are both ideas to helped a country’s economic growth. Capitalism is the idea that everyone should be different; have different clothes, vehicles, jobs, wages, housing; and that land should not be owned by the government. Socialism is the idea that everyone should cooperate and work together for the good of the people and land should always be owned by the government. Capitalism creates strict classes for wages and society - meaning rich people and poor people are distinctly divided and rich people have to do things the exact same way as people who are barely making enough money to live. Socialism has everyone being equal, everyone helps one another out and rules are only put in place when it benefits the majority of the group.
But as you read more, you can really dig into the nuances of both economic theories and see how interwoven financial concepts are with politics, and humanity, particularly how it effects employment. Classical Economics is sometimes called “laissez-faire” or free-market. It sounds like a panacea of companies and individuals creating their own opportunities and building success from their own blood, sweat and tears. That if you’re driven and self-interested, you will be successful. This was probably true when our nation was smaller and less plugged-in and connected.
Ruling elites might use political ideas to contain opposition and restrict debate through the process of ideological manipulation. It was obvious in regimes that possessed official ideologies such as Nazi Germany and the Soviet Union. In both cases, official or political reliable beliefs dominated political life and all other social institutions in such a way that opposing views were strictly censored or suppressed. However, some argue that a more subtle form of ideological manipulation occurs in all societies. This can be seen in the Marxist belief that the culture of capitalist societies is prevailed by ideas with the interests of the economically dominant class (Heywood 2003, 5).
Survival of the fittest is a notion that falls under capitalism. The best educated will take the best jobs, the most creative will become the best artists and so forth. The ideals of our economy is one reason why there is less respect for our elders and because the whole world trying to modernize into a more capitalistic economy, respect for elders will drastically