Introduction – Karl Marx
Karl Marx (1818-1883) was born in Trier, a German city that is located in the famous Moselle wine region and close to the border of Luxemburg. He is one of the most renowned and important economist figures and thinkers of the 19th century. I favour Marx over other theorists such as Max Weber and Emile Durkheim because I think that Marx believed in a more noble cause where he had “sympathy for the ideas of the Enlightenment” (Punch et al 2013, p.52). Marx was introduced to socialism and the idea of communism when he made his move to France at a young age. He began to focus on economics and the works of classic theorists such as Adam Smith (Punch et al 2013), which shaped his understanding of political power being “linked closely to economic power” (Punch et al 2013, p.52).
He spent his life devoting time to construct a workers’ party and finally to finish his analysis of the capitalist socioeconomic system (Punch et al 2013), which unfortunately was never …show more content…
Weber shares a similar outlook on the matter of capitalism as Marx. He believed that the “pursuit of gain, of money” (Giddens and Sutton 2010, p.109) was not the idea of capitalism but was abused by crooked officials, bankers etc. and Weber also believed that the idea and impulse of capitalism was useless and should be taught at a young age to be disregarded ultimately (Giddens and Sutton 2010). I agree here with Weber and Marx alike because they still keep the working class in mind while they also strive for economic effectiveness, unlike Durkheim who was more to the point of creating as much wealth as possible for the least amount of costs. Weber puts explains this perfectly in my opinion in Sociology: Making Sense of Society where he says that the capitalist
Karl Marx (1818-1883) was born in Trier, a German city that is located in the famous Moselle wine region and close to the border of Luxemburg. He is one of the most renowned and important economist figures and thinkers of the 19th century. I favour Marx over other theorists such as Max Weber and Emile Durkheim because I think that Marx believed in a more noble cause where he had “sympathy for the ideas of the Enlightenment” (Punch et al 2013, p.52). Marx was introduced to socialism and the idea of communism when he made his move to France at a young age. He began to focus on economics and the works of classic theorists such as Adam Smith (Punch et al 2013), which shaped his understanding of political power being “linked closely to economic power” (Punch et al 2013, p.52).
He spent his life devoting time to construct a workers’ party and finally to finish his analysis of the capitalist socioeconomic system (Punch et al 2013), which unfortunately was never …show more content…
Weber shares a similar outlook on the matter of capitalism as Marx. He believed that the “pursuit of gain, of money” (Giddens and Sutton 2010, p.109) was not the idea of capitalism but was abused by crooked officials, bankers etc. and Weber also believed that the idea and impulse of capitalism was useless and should be taught at a young age to be disregarded ultimately (Giddens and Sutton 2010). I agree here with Weber and Marx alike because they still keep the working class in mind while they also strive for economic effectiveness, unlike Durkheim who was more to the point of creating as much wealth as possible for the least amount of costs. Weber puts explains this perfectly in my opinion in Sociology: Making Sense of Society where he says that the capitalist