Capitalism is justified by a way to organize economic life. It is a rational and efficient way to deal with the division of labor to produce goods. The spirit of capitalism is hard work, competition and human desire. The Protestant ethic is hard work and frugality. Modern capitalism is corporations, earning as a group, individualism and accumulation of wealth by exploitation. The spirit of capitalism is the motive for competition which promotes modern capitalism to work hard to invest creating more capital. Corporations are made up of investing shareholders. Constant driving forces of Protestant ethic is the spirit of capitalism or hard work. The spirit of capitalism makes people want to accumulate wealth. The Protestant ethic teaches people that working is good because God has blessed individuals to be able to work which allows them to provide for themselves and families. Together the three ideas work in a triangle and as a continuous cycle reinforcing the next idea in the cycle. (class …show more content…
Marx theory is that capitalism is the root of all evil. In order to not alienate workers, there needs to be communism in which everyone works for the greater good and shares the wealth/ profits instead of just the upper class (bourgeoisie). According to Marx, low pay of workers is exploiting them for the work. The companies/ bourgeoisie have ways to maximize their profits in order to cut down production costs which results in them getting wealthier. By doing this, they focus on the product not the process in which it was created. The alienation of workers can be defined as individuals not feeling like they are being fulfilled by the work they are doing because they are doing meaningless tasks. I have been a worker at two completely different food places that could not be more opposite of each other in the eyes of Marx if they