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Marxist or a neoliberal economist. However, due to the nature of competition within a capitalist society, it is inevitable in a Marxist analysis that profits will eventually start to fall. This fall in profit will cause: 1. constant effort to cut production costs , which is seen when companies go abroad for cheaper labour, 2. A drive for the opening of new markets to be able to sell more, either due to overproduction or corporate greed, which is seen in the IMF’s and WTO’s policies to constantly…

disrupt the proper harmony of two things. In Marx’s observation, he finds that within the capitalist mode of production, workers lose determination of their lives and destines by being deprived of the right to conceive of themselves as the directors of their own actions. Alienation is the systematic result of capitalism. Workers are alienated by the bourgeoisie who own the means of production. Marx’s identifies four types of alienation. The first is the alienation of the workers…

Metamorphosis by Franz Kafka tells the story of Gregor Samsa, a man who wakes up as a giant cockroach one morning and the self-realization he goes through as a non-human being. This tale is analogous to Karl Marx’s theories about capitalism and alienation since these theories state the issues with the capitalist system and the effect work has on individuals. For instance, Karl Marx’s theories about alienation of the worker states that workers are alienated from other human beings, producers are…

“The basic confrontation which seemed to be colonialism versus anti-colonialism, indeed capitalism versus socialism, is already losing its importance. What matters today, the issue which blocks the horizon, is the need for a redistribution of wealth. Humanity will have to address this question, no matter how devastating the consequences may be.”(Fanon, 53) According to Marx the solution to the capitalist societies that we inhabit is Socialism, by transforming into socialist societies, where…

Saint Joan of the Stockyards, play by Bertolt Brecht attempts to represent drama of life with regard to financial issues of 1930’s. He makes an attempt to dramatize the complex economic situations with the help of his study of Marxism and capitalism. This play portrays the depths of suffering which has a moving effect on audience. In Saint Joan of the Stockyards everything eventually comes down to the question of meeting ends and means. It also portrays the socio-economic difference in classes…

In the “Discourse on the origin of human inequality”, Rousseau argues that social inequality is caused by the competitions that originated from individualism, through which people only pursue self-interest and put equality in danger. Rousseau believes that the state of nature does not have much inequality, which is worsened along with the development of human civilization and political institutions and leaves a greater gap between the rich and the poor. According to Rousseau, when human…

Based on Marx’s concepts in Marxist criticisms written in the theoretical framework above, the Marxism of the necklace will be analyzed. 3.1 Economic Power in “The Necklace” “The Necklace” short story gives us clear image about society in which the distribution of goods are unfair. Mathilde described as a woman who has no skill or even commodity to sell for. She has only beautiful face and appearance that she uses to attract her husband who has similar status to her. She has no access to join…

On January 7, 2018, television personality Oprah Winfrey won the Cecil B. DeMille honorary Golden Globe for her contributions to the entertainment industry. Oprah became the first African American woman to win in the award’s sixty-six-year history. Past winners include Judy Garland, the first woman to be awarded, and Sidney Poitier, an inspiration to Oprah (Hollywood 1-10). While Oprah’s win made history that night, her acceptance speech will also go down in history. The entire night was filled…

revolution was the transition from hand production methods to machine. This revolution, which happened at the 19th century in the Great Britain, has affected every single aspect of peoples’ everyday lives directly or indirectly. The industrial revolution promotes industrialization and it led to the creation of factories. The creation of factory, which was promoted by industrial revolution, improved the manufacturing process, and the improvements means that production was increased as the effect…

THEME 1 HOW IMPORTANT IS ENTREPRENEURSHIP IN THE DEVELOPMENT AND GROWTH OF THE ECONOMY OF THE COUNTRY? An entrepreneur is someone who is creative and innovative and is able to identify a business opportunity or gap in the market. An entrepreneur is also willing to take a risk in starting up business and is therefore a risk taker. They have belief in themselves that the opportunity that they identified can become real through hard work and commitment. They are prepared to back their business with…