It stretches the line between the rich and the poor, creating class struggles and inequality. However, capitalism is known as lasissez-faire capitalism, which means the government doesn’t interfere in the market. Which is not the case in the U.S.? Capitalism is welfare or state capitalism, where private citizens own the means of production and pursue of profits. But they do so by a vest system of laws to protect the population.
Believers and people who practice both socialism and capitalism have heavy criticism of each other. Socialists for example believe that Capitalists produce a system where there is a clear distinction among the rich and the poor. The system is believed to encourage exploitation of workers, so that the business owners become wealthy. These business owners are the ones in many cases who influence policies, by using their wealth to getting what they want, by funding political campaigns, for example. Capitalists, on the other hand, believe that Socialists deny people their basic rights of freedom of decisions and opportunities.
Marxist perspective of families and households (24 marks) Marxists view society as being based on inequality between the working class and the capitalist ruling class. They believe that all of society’s institutions, including the family are set up to serve the needs of capitalism, by maintaining the status quo of class inequality thus keeping the ruling class in control, and the working class oppressed by the capitalist elite. Marxists argue that the traditional family performs a range of functions which benefit capitalism, and that working class family members are tricked into believing actually benefit them. The first function that Marxists argue that the family performs for capitalism is the inheritance of property. In a classless society, there would be no private property, as the means of production would be owned communally.
In direct contrasts to this, Carnegie believes that, in the capitalist system, the relations between the two classes is more symbiotic in nature. As one group benefits from the labors of another, the other eventually shares in the same benefits through the philanthropy of the first group. This relationship would have, for both groups, continuous improvements and as Carnegie puts it, “What were the luxuries have become the necessaries of life” (Carnegie 365). In this way, He argues that even though there is a distinction between the rich and the poor, the lives of the poor are in no way facing the same difficulties or disadvantages of
He looked to overthrow the capitalist system in favour of the structuralist approach (Perry, 2009). Marxists will always argue that the most important thing is the question of how a small group of people can exploit a vast majority of the population. They would study the power and wealth and look at the importance of social class division (Fulcher, J et al, 2007). Karl Marx believed there were only two basic classes’ the middle and the working class. Marx called the middle class the Bourgeoisie as they were either land owners or the bosses of factories and controlled society.
Marx identifies three different types of class societies. These are: Ancient society, where slaves would be exploited in order to serve the ruling class. Feudal society, where society is formed around the owner of a piece of land would have workers working for them on that piece of land. And a capitalist society, where the ruling class exploit workers using a free wage market and many other ways in the economy. Marx believes that we now live in a capitalist society, which is based on divisions in society.
They all also believe that the family gained its structure due to this Capitalist divide, and before Capitalism there was no family structure because everyone shared the labour and owned all means of production. Marxist’s feel that all of society’s institutions are helping to maintain ‘class inequality’. Also, they feel the functions of the family are done only for the benefit of this Capitalist system and that institutions within this system are transmitting the ‘ruling class ideology’ which keeps this system maintained. Marxists view the family’s functions as: * Reproducing Workers * Ideological Functions * A Unit of Consumption * Inheritance and Private Property * Providing Emotional
Asses the Marxist view that the main role of the family is to serve the interests of capitalism. The Marxist view is just one of many perspectives of the main role of the family. They believe that the family serves the interests of capitalism and the Bourgeoisie, and helps to maintain class equality. They also belie that the family model allows for the main provider (the man) to go out to work where the middle class take advantage of their labour. This idea is at odds with the functionalists view that the family benefits society and the family members.
Karl Marx believed that the means, relations, and mode of production all relate to the inequality in a capitalist society. What he is talking about when he says means of production in society are physical non-human inputs used to produce goods. A means of production could be a natural resource or it could also be technology. Whoever controls the means of production is going to have the most power. The capitalist owned the means of production in capitalism and therefore basically were able to control the economy.
Capitalism and communism have always been viewed as two opposing political and economic structures. First and foremost, capitalism is an economic system influenced by individuals and private organizations by which there is freedom of the market. Communism however, is defined as an economic and political system whereby all resources are collectively owned and governed by the state. Even though communism is subjected to bringing about ‘declining suffering of public condemnations’; still, it is a maintained political system within various Countries. So could communism be a practical idea?