Marx And Engels: A Marxist Analysis

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"What the bourgeoisie, therefore, produces, above all, is its own grave-diggers. Its fall and the victory of the proletariat are equally inevitable" (Marx, 1848). Karl Marx and Friedrich Engels famous work ‘ The communist manifesto’ is on of the most influential doctrines on the theory of Marxism. Marxism, as concluded from Marx and Engels is a conflict theory, which means that it believes that society is based on inequality and unequal distribution of power and wealth. The Marxist methodology uses economic and sociopolitical inquiry and employs that to the critique and analyse the development of capitalism and the role of class struggle in systemic economic change. Capitalism according to Marx is a mode of production based on private ownership…show more content…
According to the world systems theory, the world system is divided into two parts the Core and Peripheral. Core countries are dominant capitalist countries that exploit peripheral countries for labor and raw materials. They are strong in military power and not dependent on any one state or country. They serve the interests of the economically powerful. Whereas, Periphery countries fall on the other end of the economic scale. These countries lack a strong central government and may be controlled by other states. These countries export raw materials to the core countries and they are dependent on core countries for capital and have an underdeveloped industry (Wallerstein, 1989). According to figures published by the UN Development Programme for 1992, the gap between rich and poor countries has increased inexorably over the past decades. Since 1960 the share of the world’s gross product of the richest 20% grew from 70.2% to 82.7%. This means that the industrialized capitalist countries are now 60 times wealthier than those countries where the poorest 20% live. The gap between the two has doubled in the last thirty years (Woods and Grant,…show more content…
A main assumption of the conflict perspective is that human beings are inherently selfish and uncooperative. Additionally, Marxism creates the ability to predict the general course of development within the economy and society the theory demonstrates the superiority of foresight over astonishment. Another strength identified with Marxism is that it explains why there is such an uneven distribution of power and wealth between social classes (bourgeoisie & proletariat). Another one of the major strengths of Marxism as Marx believed, there should be equality of the law and societal services, where everyone has an equal stance and opportunity with no dominance. This means that every person would be able to get access to the most important things he needs regardless of whatever he does, wherever he lives or how much he makes to provide a better living for those depending on him. Marx defines this as communism, communism represents the practice of Marxist idealism: the actual implementation or activation of a society based on the practice of Marxist idealism: a stateless selfless society, established through rebellion, where all resources are communally owned and all productive energies are channeled for the collective good. In the Caribbean region Cuba stands out as being communist (Excellent free healthcare and education system — high literacy rate, there is a very little serious crime and Cuba rates

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