MARKS THEORY OF CAPITALISM

Marks theory of Capitalism

Marks theory of Capitalism

Capitalism

Capitalism refers in Marxist tradition "based on commodity production, market economy, investment of capital, wage labour and profit based mode of production" and the "conditioned by the rule of capital, social, political, legal and cultural conditions as a social order".

Marx himself has used the term "capitalism" in his works rarely; instead, he speaks of "capitalist mode of production". According to Marx, capitalism is in the mode of production through the "capital" is determined. The capital can take many forms: money, means of production, land, real estate products, etc. According to Marx, it goes through typically the forms of money - commodity (more) money (as a formula: as GW-G 'where G' has a higher value represents G).

According to Marx, capital is "self-utilizing (= increase) value." Produce the user of capital (capitalists or managers) goods are worth more than that expended on their production inputs (labour, machinery, raw materials). Who scored in the sphere of production "added value" must be in the "sphere of circulation" realized by the sale of manufactured goods. The added value is created solely by the workers. Because they receive no reward for it, Marx calls this exploitation, he often used also for the English term "exploitation". The added value production presupposes that there are workers who are forced without ownership of the means of production or alternative means of subsistence (e.g. specially produced food), to sell their labour power to the capitalist means of production owners. Thus, the specific cleavage of the company comes in "capitalist" and "working class". However, the "capitalist" just a name for a function in the production process (Marx speaks of "character mask"). As he in his preface to the "capital", performs individual capitalists act only as "personifications of economic categories."

According to Marx, capitalism is further characterized by the general production of goods. The work force is traded as a commodity. Marx's magnum opus "Das Kapital" begins with an analysis of the product and its properties. In the "value" of a product which is expressed expended for this product, from socially necessary wage labour (Whitley, 2008, p46). The value of a social relation appears as a feature of the product. The capital ratio is "a social relation between things, mediated by individuals', between capitalists and wage workers on the one on the other side, but also between the capitalists themselves who exchange goods with each other so well (Hall, 2006, p63).

Marx and Engel's describe the capitalist society as a society of revolutionary upheaval of traditional relationships, at its core, the production area, as a society of “exploitation "and" alienation ". In his early writings, including in the Economic and Philosophical Manuscripts (1844) emphasizes Marx aspect of alienation (Rider, 2004, p10). The workers of the product of their labour would be alienated because of this, appropriated by the capitalists to assume the form of capital that controlling the workers. Substantial potential and opportunities for development of the human "species-being", that is the human creative possibilities , ...