Nobody downloaded yet

Does Marx consider capitalism to be unjust - Essay Example

Comments (0) Cite this document
Karl Marx's Views on Capitalism Name: Course Instructor: Date: Scholars interested in the disciplines of political and moral philosophy have been debating about the concept of justice as revealed in the philosophical discussion of Karl Marx’s works. The discussions about Marx’s ideas on justice as seen from his description of capitalism has consequently resulted on debase whether he considered capitalism unjust or not…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98% of users find it useful
Does Marx consider capitalism to be unjust
Read TextPreview

Extract of sample
"Does Marx consider capitalism to be unjust"

Download file to see previous pages This essay will first analyse Marx’s views on capitalist exploitation followed by analysis of literature on those who consider his arguments as pointing to capitalism as unjust and then those who are of the opinion that it not before arriving at a conclusion. Prior to the analysis of Marx’s arguments concerning capitalism, it is imperative to make a brief analysis of his general views of the ideology. To summarize Marx’s views on capitalism exploitation, such efforts must rely on the two facets distinguishable in the wage relation. Firstly, capitalism exploitation according to Marx can be analysed in the context of circulation. Based on circulation framework of capitalism exploitation, Marx claims there is a trade of equivalent values where the worker is given wages for labour-power (Appelrouth, 2008). Workers sell their capacity to work as their commodity whereas from the capitalist, the workers receive in the exchange process, the wages that represents the value of the commodity they sell. These wages are seen as being the value of what goes into producing such the labour as commodities for this exchange. Therefore, according to Marx, what workers receive from the capitalist, represents the full equivalent in value of what workers sell consequently, he does not see any reason to believe there is any cheating involved in such a process (Sitton, 2010). Secondly, Marx highlighted capitalism exploitation on the facet of production. Marx claims that workers, whose labour is the main source of the value pegged on commodities produced by the capitalist, will have to work longer hours than the time required reproducing the value equivalent to their own labour-power. This further translates to working for a longer time than is necessary for the value of the wage they have received (Bellofiore, Starosta and Thomas, 2013). Based on this approach of capitalist exploitation, the workers perform surplus labour therefore generating surplus-value to be appropriated by the capitalist inform of profits. Marx saw operation of labour-power as creating value that is greater than what the value labour-power itself represents and is purchased for (Struna, 2009). The two facets therefore represents two contrasting features of capitalism, seen in the balancing aspects of the wage relations evident in circulation process and in the in the facet of production, where workers produce surplus value to be appropriated by the capitalist. It is from the two facets of capitalist exploitation that the question whether Marx think it unjust or not stems. If according to Marx there is no injustice or fraud in the wage the capitalist pays for the purchased labour, it is because he saw the capitalist and the labourer exchanging on an equivalent basis. However, this is only true of the preliminary and narrow viewpoint of the circulation process where the wage relation is treated as an exchange of equivalents where there is an exchange of labour for power. Where Marx concentrates his efforts is in the surplus labour, which the worker must render for the capitalist to get his profit. On basis of surplus labour, Marx sees the capitalist ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Does Marx consider capitalism to be unjust Essay”, n.d.)
Retrieved from
(Does Marx Consider Capitalism to Be Unjust Essay)
“Does Marx Consider Capitalism to Be Unjust Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
American Unjust Drug War
...illegal drug use as against the claimed harmful effects of drug use. Such premises, as will be discussed below, are stronger than those which seek to justify the state’s tough anti-drug laws. II Thesis This paper asserts that America’s war against illegal drug use is unjust because it does not simply violates but violently repress the drug user’s inherent right to choose, putting the American society at greater risk. This argument strongly weakens the popular assertion of prohibitionists that illegal drug use poses extreme harm not only against users but the society as a whole, thus must be prohibited at all costs (Huemer 135). Moreover, this vividly illustrate that a law founded on distorted truth could...
5 Pages(1250 words)Research Paper
Analysis Karl Marx View of Capitalism
...crisis that may lead to more economic inequalities in the next fifty years. As mentioned earlier, Marx and Engels were on the opinion that capitalism should be allowed to develop. However, Marx views capitalism as the major cause of alienation within a society. For example, capitalists consider their workers as sources of labor rather than individuals with human characteristics. He also argues that workers view their colleagues as competitors for the few employment opportunities available instead of seeing them as corroborators. As a result, this system leads to vices of hatred and jealousy among members of the society. Conclusion Based on the above...
5 Pages(1250 words)Essay
Did Marx think that capitalism is unjust
...books and journals and online sources. Table of Contents Abstract 2 1. Introduction 4 1.1 Background 4 1.2 Scope and Objective 5 1.3 Methodology 5 2. Literature Reviews 5 2.1 Authors Who Denied Marx, Condemned Capitalism as Unjust 5 2.2 Authors Who Admitted With Marx, Condemned Capitalism as Unjust 7 3. Discussion 9 4. Results 10 5. Recommendations 10 6. Conclusions 11 References: 13 Bibliography 15 1. Introduction 1.1 Background This essay mainly highlights the detailed facts of a fast-growing sector describing about the current literatures on Karl Marx and the controversies that fuelled its growth. Mainly during the...
10 Pages(2500 words)Dissertation
Did Marx think that capitalism is unjust
...benefit where one party benefits the other but the other does not reciprocate in the same way. Thus one party remain wrongly exploited by the unjust. This according to Marx is exploitation and Capitalism is unjust. Marx held that a worker was ethically entitled to the product of his own labour with certain deductions like the establishment cost of the production or for the welfare of the differently able (McLellan, 2007, p.27). According to him in a socialist society there would be no inequality prevailing and the workers would get remuneration of exactly what they produced. In a capitalistic society this does not take...
6 Pages(1500 words)Essay
Does capitalism control the state or does the state contol capitalism answer by refering to karl marx and karl polanyi that there is no government control in the market. This therefore, is the opposite of socialist economies, where there is a higher level of government control in the market, as well as political interests. Therefore, in order to argue that capitalism controls the state or the state controls capitalism, it is significant to show how either of them shapes the other, including what level or kind of influence each has on the other. The pure form of capitalism as argued by Karl Marx can be considered to be less relevant today. What is quite clear today is that the government has state has taken over capitalism, and controls it. This is...
9 Pages(2250 words)Essay
Marx and Capitalism. Why and how does Marx think Capitalism is bound to collapse
...?Marx and Capitalism Introduction Capitalism is a means of production that has several contradictions. These contradictions lead to tensions between one class of people and the other. Karl Marx, the key proponent of the theory, asserted that tensions were self destructive and would eventually lead to collapse of the system. Rising unemployment levels, recurring layoffs, tumultuous stock booms and corporate scandals are indicative of the economic crises that would reach sufficient proportions to cause a collapse of capitalism. One must therefore look into the contradictions and sources of instability in this system to understand why...
8 Pages(2000 words)Essay
Marx and Weber- rise of capitalism analysis of several cultures that brought him to the impact of religion on the rational transformation in the society. Weber reckons Marx’s theory to be unrealistic having its base on a single economic stimulus. Coser (1977) propounds that Weber does not only regard Protestant ethic as the sole cause to give birth to the capitalistic system, but he considers as one of the most eminent contributors to its egression. Weber also acknowledges that the religious norms as precipitated by the Protestantism seem to have vanished in the modern capitalism where wealth and capital enjoy hegemony over the lives of mankind. The disappearance of religious...
10 Pages(2500 words)Essay
Weber's and Marx Capitalism
...not only examines religion in an economic context but draws clear distinctions between Catholic theory and Protestant ethic. In other words, in his discourse, it matters greatly which religion appeared when. While Marx is perhaps wont to group religious influences together and consider them as a unit, a social force whose details are largely irrelevant but whose sociological impact is large, Weber's diagnosis of capitalistic evolution based on religion has specific and unequivocal ties to Protestantism. Weber's and Marx's analysis not only differ in sociological terms, but they are indicative of the thinking of each individual at the time of writing. Betraying an inclination towards...
6 Pages(1500 words)Essay
Karl Marx and Capitalism the capitalist who owns a production unit, a machine, for instance. This is the first of the ways in which I see in Marxian theory, a being. In the second, we see how a socialist set-up in which the governing body of a people, a state, is in-charge of the property; much in the same way as a capitalist set-up would be. In the third, we’ve seen how capital functions in the same way as labor does, in the process of production. The self-same line of thought that Marx follows to define, to underline the power, the value of labor, is what can be followed to accentuate that of the capital. And as I mentioned earlier, the structure of capitalism drew from...
7 Pages(1750 words)Essay
Marx on capitalism and communism
...revised their conception son the capitalism. Contrary to the fundamentalist state of thought that capitalism was flawed, they come up with a different view, which states that the market is the only mechanism that is reliable enough to generate wealth (Heits, 2013). Despite this, they had a tainted view that capitalism distributes wealth in an unjust manner, not considering their principles of equity. This prompted them to support capitalism on condition that the ideology underwent serious economic and political reforms. They called this the humanised capitalism, in the face of the need to implement equity in the...
4 Pages(1000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic Does Marx consider capitalism to be unjust for FREE!
logo footer
Contact us:
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us