Rentier capitalism

Section 3 Marx’s general theory of capital 3.1 Alienation. Define Marx’s conception of alienation. Describe the tendencies within the capitalist mode of production that contribute to an increase in alienation (5 points). 1) Marx’s alienation: people who lack power in society will correspondingly lack of understanding the relationship between individuals and society/social structure. 2) Tendencies: (1) In the capitalist mode of production, although productive power of workers has increased, the…

In the “Manifesto of the Communist Party” by Karl Marx and Friedrich Engels, the intro explains the complicated social ranks in ancient Rome and the Middle Ages. Communism is a common way of organizing a society in which a government should own things. The vision of Karl Marx of the economic and social system is explained through bourgeois and proletarians. Bourgeois is the middle class whereas the proletarians are the lower or working class. The bourgeois class has gained power and put the an…

1A, Mercantilism is the belief of trade where you show countries wealth by gold. Mercantilism encouraged exports and discouraged imports. This theory was flawed because it believed the only way to improve one’s country was at the expense of others. Which lead to restricted international trade and paying colonies almost nothing for their exports and charging heavily for their exports. 1B Absolute advantage refers to the ability of a country to produce a good or service better than any other…

workers, and even women who were poverty stricken or in the middle class. These two ideologies both arose in the 19th, and beginning of the 20th century, and though they differentiate in the way they dealt against the industrialization and corporate capitalism, they also share a few similar…

machines there were. At this time, they were based on wealth by the means of production. The Means of production was who owns the most resources necessary to produce what the people needed to survive. But, the middle class was taking over due to capitalism. Capitalism is an economic and political system where a country’s trade is controlled by owners and not by the government. “The bourgeoisie, historically,…

In the book The Rich Get Richer and the Poor Get Prison, author Jeffery Reiman states that the prison system in the United States is designed to fail in. It fails in the sense that the rapid expansion of the prison system fails to reduce crime, and instead is meant to create an image of a criminal class to keep the middle class in check. Reiman describes this failure as the ‘Pyrrhic defeat theory,’ as whereas a Pyrrhic victory is a victory where the losses make the victory pointless, a Pyrrhic…

Introduction In this paper, I will discuss positivist, biological, as well as psychological theories providing a comparison as well as contrast for each. Discussion The use of positivist theories emerged with the American, French, as well as the Industrial Revolutions prompting tremendous social changes throughout the world (Bohm & Vogel, 2011). In 1820, the term positivism was attributed to Auguste Comte during his works with Saint-Simon while developing their works of physical sciences in…

Marx believes that conflict is necessary (p. 500). He further explains those in the bottom of the capitalist society should unite to over throw the exploitative system of capitalism in order to achieve the ideal classless society. He states without conflict the bourgeoisie, top of the economic class, will not willingly give up their power. While Hobbes argues life is better with no conflict, therefore, even if the sovereign…

In Chapter 4 of A Novel Approach to Politics Van Bell discusses two of the major economic systems in use throughout the world, Capitalism and Socialism, and their fatal flaws. Capitalism’s fatal flaw, described as the Tragedy of the Commons, is an overexploitation of a resource. Socialism on the other hand solves Capitalism’s fatal flaw by regulation, but creates its own fatal flaw, Socialism is not good at producing goods only distributing them. An example of the Tragedy of the Commons is the…

Natural capitalism, as described by Lovins and Hawkin, is a new and improved principal for capitalism. It is their belief that capitalism cannot be considered as such unless natural capitalism is considered. To achieve natural capitalism there are a set of requirements that need to be considered. The first being, the environment is an essential factor of production and as such and must be considered when deliberating on things such as prices of goods. The second requirement that is raised is…