Download file to see previous pages
For this reason, he purports that capitalists simply get paid for their patience in not using their money on consumer goods (Buchholz 128). However, as much as this may be true, Marx opines that labor is known to produce a surplus that goes far beyond its wages and the wear and tear that is sustained by the capital used. I totally agree with Marx that the wrong done here is exploiting the surplus by others in the form of labor. The reason why I think that Marx’s reasoning here is valid is the fact that capitalists usually enjoy the highest benefits from sale of products where as the laborers are usually the least compensated.
A good example to explain the validity of Marx’s reasoning here would be to look at the amount of labor that goes into manufacturing contemporary product such as luxury cars. As much as it is prudent to appreciate the waiting that capitalists have to wait, and the sacrifices that they make by not spending their money on buying consumer goods, I do not think that this can be compared to the work that laborers put in, and the amount of compensation they receive. Many big companies today are owned by rich capitalists who pump in huge sums of their money as capital. These capitalists usually employ laborers who work hard to ensure that the final product is up to standard (Beb 29). However, when these products are sold, it is the capitalists who receive and enjoy the most amount of profit after having used the labor and expertise of others.
It would be unrealistic to expect the capitalists and the laborers to enjoy the same amount of profit. However, fact remains that the investors in blue chip companies usually enjoy way much more profit than the laborers who put their efforts in coming up with final products that will be sold to bring money to the companies. I think that Marx’s reasoning here was
...Download file to see next pagesRead More
Therefore, he suddenly turned towards his family in order to give them love and affection. Soon after this change, the old man came to a ruthless conclusion that nobody is expecting love from him because he spent his entire life attempting to fulfill his worldly wishes.
The purpose of the testing conducted by genetic scientists, is to trace population movements during the history of humanity by comparing the genetic structure of the DNA of those tested. Analysis of Content First of all, this documentary states that 99.9% of our genetic makeup is identical to everyone else in the world.
Engaging in teamwork was very satisfying and presented diversity of thoughts and personalities. Faisal, Jordan, Kyle and Ashley engaged each other in the group from a point where we had to know each other better. At the beginning we decided to search for a project that we would engage with as a group, we achieved within a short period despite the team being in the norming stage.
cessary for the proper function of the structure in terms of support, providing open air access for the bells to sound and the ability for people to access the tower when necessary. Its lack of fancy filigrees or ornamented elements allows other details, such as the care with
Clearly, when it comes to the ideals of freewill and determinism, the words of Watson can be quite troubling for both determinists and those supporting freewill since Watson suggests that he can control the destiny and will of any person given
had their special feast in honor of Samhain (which was not the name for the Celtic “Death God” as some people erroneously state), that means it was brought to America from Europe, but as it was later almost fully prohibited in England, France etc., Americans became the ones
As per the poem, Adam and Eve were to eat all the fruits in the Garden of Eden except for one, which God called the fruit of the Tree that contained the knowledge of evil and good, to which the couple ate from and finally faced God’s
Aftermath written by Henry Wordsworth Longfellow is a short poem which consists of only 14 lines but it manages to impress the reader with its vivid imagery. This essay will focus on the analysis of Aftermath with the purpose to find out what impact key words have on poetry
Thoreau moved to Walden Pond and stayed there for two years, two months and two days. He had gone there to honour the death of his brother John Jr. During his stay, he worked on a book entitled A Week on the Concord and Merrimack Rivers, which
The imperfections of the credit market provide the key to understanding the important issue in business growth, development, and cycles. The credit market has many frictions that work against it to produce an imperfect market. An
5 Pages(1250 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Save Your Time for More Important Things
Let us write or edit the essay on your topic
with a personal 20% discount.