Running Head : CAPITALISM AND ALIENATIONCapitalism and Alienation : The Foundation and spell of Economic Exploitation[Author][Affiliation][Date]The Foundation and Consequence of Economic ExploitationThe ripening of capitalist thriftiness can be correlated with the scotch development in the West . Capitalism allowed youth hostelovation to take precedence every butt usageal forms of churn and business . It replaced these traditional forms because capitalist thriftiness was by nature a flexible and adaptive economic clay . By incorporating competition in its rubric (a signalize of tractableness , it was able to encourage the private sector to range to a greater extent in the market place , resulting needs to increased public benefit . It was also this competition that allowed innovation to develop . By change magn itude the number and quality of players in the market economic collusion was prevented , and because this forced all firms to formulate efficient essence to flummox a significant portion of the market package . Because opposite firms would indispensableness to get the same portion of the pie , their coitus region in the market remained the same increasing the benefits accumulated to the inn . Thus , we come to the second quality of capitalist economy : adaptability . Adaptability refers to the capacity of a arranging to capture new locations to which it may be situated . Being adaptive does not needs mean that capitalist economy will succumb to the power of tradition or existing cultural formations . Rather capitalism go for to redefine the foundations of auberge (Marx 1844 /1959 . Changing some aspects of society would needfully result to a categorical redefinition of societal institutions . Capitalism could hence infiltrate the society and spread its scorc hing arms . At this point Marx began to exam! ine the evils resulting from this economic system He argued that although capitalism initially stimulated innovation , in the long-run the naughtily effects of capitalism would be revealed in the so-called superstructures (refer to the institutions of the society - as differentiated from gunmanstructures which refer to the overarching systems of any society .
When capitalism developed into a full , working economic system , it encouraged the private sector to invest in the market . The market here referred to the manufacturing and industrial sectors of 19th century European cities . This caused widespread mig ration of laborers from rural areas to booming industrial centers . In sub for wages , the laborers sold their labor to capital-owners - labor became a employment right-hand(a) . Because labor was treated as a commodity , the capital-owner became fundamentally the owner of labor (Marx , 1844 /1959 . Although it was far from slavery , its effects were never far from the qualities of slavery . Here Marx identified two major effects of capitalism that approached the characteristics of slavery . The first problem that workers encountered in the workplace was alienation . Alienation refers general to the breakdown of born(p) interconnection of entities (Marx , 1844 /1959 . Applied to the social sciences , this refers to the natural interconnectedness of man to other(a) things . When a man produced a certain good , it was natural to consider the man as the owner of such(prenominal) good . In capitalism , because the laborer sold his labor to the capital-owner , the latter b ecame the...If you want to get a full essay, establi! sh it on our website: OrderCustomPaper.com
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