Karl Marx Division Of Labour

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Division of labour enables the maximization of profit through lower inputs and higher outputs. Whereby it is a common tool for capitalism manufacturer in the contemporary society to increase its market share and to have an edge over competitors. Furthermore, the idea of division of labour is often related to mass production, in which it can be achieved through adopting specialization in the production methodology. An example of division of labour promoting the general economic growth of a society is definitely the American economy boom in 1920. During those period, Henry Ford, the founder of the Ford Motor Company, used the strategy of mass production together with division of labour for his production of affordable cars for the Americans.…show more content…
Marx states that the production in capitalist society worked in a way that the rich factory owner benefited and the poor factory workers lost. Hence, he says “if the wealth of the society is decreasing, the worker suffers most, for although the working class cannot gain as much as the property owners when society is prospering, none suffers more cruelly from its decline than the working class” (Paragraph 14, line 1-4). He claims that as the wealth in a society increases, competitions also take place among the capitalist for a higher demand of supplies produced through division of labour (Paragraph 19, line 4-7). Withal, such competitions and division of labour often leads to a devastating consequence, by which the workers become “both intellectually and physically to the level of a machine” (Paragraph 19, line 8) and that “the more they want to earn the more they must sacrifice their time and freedom and work like slaves in the service of avarice” (Paragraph 16, line 2-3). In addition, as the competition among the capitalist increases, big capitalist ruin the small ones and a section of the former capitalist sink into the class of the workers. Correspondingly, the big capitalist gain more power, while the majority of the workers suffer from overwork, early death and reduction to a machine (Paragraph 21, line 2). The concept behind the “CU Farmers’…show more content…
As such, Wealth of Nations is written in 1776, in which reflects the economic during the industrial revolution. During those times, people are generally poorer, therefore Smith wish to achieve universal opulence through division of labour. On the other hand, Marx’s Economic and Philosophic Manuscripts of 1844 is written after the industrial revolution, whereby he is able to see the consequence of division of labour after the industrial revolution. Hence, there’s no definite answer to whether the concept of the “CU Farmers’ Market” economically applicable, as such the society should be open minded to new economic system, since the possible benefits and downfalls of the system can’t be seen until it is
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