Socialism

Socialism Essay example
College
Essay
Philosophy
Pages 3 (753 words)
Download 0
Name: Course Instructor Date Concisely, Karl Marx’s view on capitalism and socialism was that the former was an exploitative system designed to divide society along class lines between the rich and poor and it will only be successful through exploitation of the workers (Marx 171)…

Introduction

Marx argues that unlike capitalism, which promotes competition the quest to make as much profit as possible as well as undercut ones rivals and if need be drive them out of business, communism promotes corporation (Marx 276). This is a reasonable point; in fact, one of the main challenges of capitalism is the high competition which at times results in the ruining of business by their rivals. Additionally, since this is spurred by the need to maximize profits these capitalism ultimately ends up exploiting the workers who are sacrificed for the sake of bigger profits. His critique of private property is also very well thought out and if it were adapted, it would solve much of the conflict that occurs in capitalism dominated world as many people struggle for the few available resources. He argues that limiting private ownership would render irrelevant the need for individuals to exploit others in the quest for wealth since all would be owned collectively, he suggests that if all property was taken away from the hands of a chosen few, it would eliminate the desire and even reason for exploitation. Ideally this would be true, however the premises under which such a situation can be applied cannot exist under normal circumstances. ...
Download paper
Not exactly what you need?

Related papers

History of Political Philosophy
The modern political philosophers view conservatism as a social issue in the political organization as a way of masking economic goals. However, the true objective of conservatism is to establish dignity, which is a social and psychological stipulation of discrepancy. Thus, the deceptions of conservatism in the current era will no longer be adequate because conservatisms are sophisticated…
Philosophical Conceptions of Justice.
However, justice, in a universal definition, entails the knowledge of doing right from wrong and making sure people live in the right way together. It is this ‘right’ way of living that brings controversies in describing social justice among nations. This paper discusses a variety of philosophical conceptions of justice with regard to famous philosophers in their definitions of social justice…
Questions to answer
In determinism, deliberation is necessary as there is uncertainty involved, and the choice made is the one with the most advantageous outcome. In determinism, one can get to choose his motives or prevent the motives from acting on his will. In Determinism, humans are never masters of their own will and motives, and thus they never act freely because one's will gets moved by causes independent to…
The Complicated roots of modernity
It is also critical to note that with rapid modernization, cultures became fluid and mass migration to urban areas created an atmosphere where people were ready to leave their old cultural values and practices to adapt to the new ways of living. Thus, modernism started to emerge out of the economic and social necessities of the individuals. The fastest growth of the urban areas as well as the…
This is John Galt Speaking
It is not right to consider the novel as contrasting the “good” socialism and “bad” capitalism. This approach represents not only the simplification, but the aversion of the author’s message. The given paper will prove that the novel represents contrasting active, goal-seeking people and inactive individuals, contrasting those who values the reason and apply it properly and those who…
Preview 8 Hayek, The Road to Serfdom
But unfortunately its meaning is highly ambiguous” (76). The book attempts to bring out what is good to humankind while at the same time addressing how best humankind can manage to embrace good for communal happiness. Following these, the book focuses on the need of freedom for all with more concentration on the minority and economic affairs. This is evident in where he states that “the will…