Was Marx Right About Capitalism In The 19th Century

In keeping with the format in which the Questions this week were posed, I will write them out as Question(s) one, two and three.
Question one, was Marx right about Capitalism in the 19th century being based on the exploitation of the worker? yes, I believe so. Exploitation doesn't simply mean to take advantage the worker in a terribly negative way, but rather that in their society then and in ours now, we have things such as land lords, who collect rent, Corporations who use human work forces to get their work done, and agencies who make a profit off of the people. These staples in our society are examples of the fact that it is focused around the people (workers.) Whether this is negative or positive it is true that everything rests on them. …show more content…
Likewise the people have few choices as far as work, in that most of the time, if the subject of their work isn't Entrepreneurship, it's subservience. With this point of view mind, the people of Marx's time just like the people now are definitely being exploited.

Question two, what has changed since the 19th century to support and sustain the existence of Capitalism and help the bourgeois to avoid the downfall that Marx predicted. One of the problems with, or for lack of a better word, paradoxes in, Capitalism is that companies, in order to compete with other companies in the market and to make a profit, must keep the cost of making the products that they sell down so that they can sell them at a higher price and make a profit through the difference. However the manufacturers (the companies who make products for other companies) must also make a profit. This is done by selling the service of producing the products for the other companies and getting paid the amount that they charge to do so. In order to profit they have to be cheap. They have to make these products for a cheap price in order to entice the companies to choose them to manufacture their products over other manufacturers. In order to compete with other …show more content…
Yes, completely, if you ask me. I think that Marx's ideals and predictions were based on many important and seemingly ever-present issues with Capitalism and that it may very well one day be replaced with another system or perhaps be improved upon to a point that it takes on somewhat of a new design which in effect smooths out many of the bumps that stand in it's way as is. Part two, many of the richest people in the world hold the potential to control much of the wealth in the world. Is that model sustainable? Yes I think so, the question of course is, for how long? surely if certain people were to control much of the worlds wealth, with it they could do many things such as, create jobs and employ many people, and change certain structural aspects of society such as monopolizing certain markets. The government has certain policies and action plans for when a company or group of individuals monopolizes a market, some of which include disbanding the company which holds monopoly over said market, but of course in some cases and with increased power and influence monopoly over these markets is maintained. This being one example of how such wealth and control could result in both positive and negative outcomes. Whether or not this model is ideal, I think that it will be maintained until somehow an outside force puts a stop to it, or somehow it become obsolete. Part three, do I think that it's possible that the 3.6