Industrialization and Communist Manifesto - Essay Example

The industrial era marked the closure of several small companies leading to the belief that capitalism and industrialization are tied. In response to the belief, several evaluations of the interconnection between the two have been conducted with different findings stated in the process.

Soviet Communism has presumably discredited the manifesto route and plan of communism with its declaration of the idea to centralize all the instruments of production are controlled by the state (Torrance 54).  Such a belief illustrates the upcoming and development of the industrial era with the creation of the bigger companies that swallow up the smaller ones with the creation of centralized systems. The development of centralized governments was a result of the new idea but has been affected by the loss of service quality. In the abolition of the distribution by exchange, several problems are encountered by the lack of transparency and harmony in the labor-power relationship. The production process must own the labor and power for success to be achieved in the process leading to the development of harmony in the process.

The industrialization process involves engaging the factors of production and technology in a large-scale production process. The thought and accumulation of wealth are vital in the creation of large-scale manufacturing companies but may lead to the development of spreading of wealth across countries and within the country (Torrance 57). The creation of subsidiaries and a large multinational company leads to the development of increased spreading of wealth. In the industrialization era, the Marxist and Engel idea is supported by the development of large-scale companies with the ability to improve the welfare of the society to which they are located. The spread and improvement of the welfare of individuals are indispensable in the creation of communist ideology.

Communist idea is on the sharing of wealth among the population, thus; in improving the welfare of the society, it is possible for the communist theory to be implemented. Despite the success of industrialization in improving the welfare of society, it has serious problems with the effect on the economic status of local small and medium-sized companies due to the increased competition created by the large-scale automated systems that increase productivity and efficiency.

The industrialization process can be viewed in both positive and negative lights in terms of the effect of the activities in improving the lives of the inhabitants. As much as industrialization led to several societal developments during the industrialization era, it can be noted that the success of industrialization cannot be fully highlighted as a factor of success of the Marxist and Engels idea because of the challenges posed by the activity in the later years such as the death of the local industries due to the development of a monopoly in the market. The ideology of Engel and Marxism is not fully supported by the industrialization process because of the negative predicaments of the process.