Marx would not have changed very much in Capital had he somehow known exactly what would happen in the future, his work on political economy is probably even more relevant now than it was in the mid-late 1800's.
The conflict theory explains capitalism, and how capitalism will eventually be demolished by the rise of the working class (causing tension/conflict)
---- = crisis of capitalism = (19th century- ) Prediction in Marxism of the collapse of capitalism. A species of catastrophe theory, envisaging that the inherent contradictions of the capitalist system will lead, through political conflict, to the collapse or overthrow of capitalism. Twentieth century versions of this theory see the crisis of capitalism as being a legitimacy crisis rather than a simple economic or political one ---- = crisis of capitalism = (19th century- ) Prediction in Marxism of the collapse of capitalism. A species of catastrophe theory, envisaging that the inherent contradictions of the capitalist system will lead, through political conflict, to the collapse or overthrow of capitalism. Twentieth century versions of this theory see the crisis of capitalism as being a legitimacy crisis rather than a simple economic or political one
It is a matter of Communists disliking the capitalist system, not individual capitalists. Capitalism involves exploitation, inequality and poverty; it is also unnecessary, as a society based on common ownership and production for use could produce more than enough for everyone.
Conflict Perspective
Capitalism and Socialism can not be compared, because they are two complete different ideas that do nothing but conflict with each other.
The conflict theory explains capitalism, and how capitalism will eventually be demolished by the rise of the working class (causing tension/conflict)
---- = crisis of capitalism = (19th century- ) Prediction in Marxism of the collapse of capitalism. A species of catastrophe theory, envisaging that the inherent contradictions of the capitalist system will lead, through political conflict, to the collapse or overthrow of capitalism. Twentieth century versions of this theory see the crisis of capitalism as being a legitimacy crisis rather than a simple economic or political one ---- = crisis of capitalism = (19th century- ) Prediction in Marxism of the collapse of capitalism. A species of catastrophe theory, envisaging that the inherent contradictions of the capitalist system will lead, through political conflict, to the collapse or overthrow of capitalism. Twentieth century versions of this theory see the crisis of capitalism as being a legitimacy crisis rather than a simple economic or political one
It is a matter of Communists disliking the capitalist system, not individual capitalists. Capitalism involves exploitation, inequality and poverty; it is also unnecessary, as a society based on common ownership and production for use could produce more than enough for everyone.
weathering
communism vs. capitalism
Howard K- Smith - 1962 Kennedy and the Capitalist Conflict 1-17 was released on: USA: 6 June 1962
capitalism
Conflict Perspective
Marx argued that class conflict arises in a capitalist system due to the inherent exploitation of the working class by the capitalist class. Capitalists seek to maximize profits by paying workers as little as possible while extracting surplus value from their labor. This unequal power dynamic leads to tension and conflict between the two classes over the distribution of wealth and resources.
endogenous
Karl Marx and Friedrich Engels, in their writings on political economy and socialism, emphasized the importance of the class struggle between the proletariat (workers) and the bourgeoisie (owners) as a fundamental dynamic in capitalist societies. They argued that this conflict would ultimately lead to the overthrow of capitalism and the establishment of a classless society.
Capitalism increases the dominance of male power.