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distribution of wealth (communism - karl marx (wealth concentrated in…
distribution of wealth
communism - karl marx
- wealth concentrated in hands of land/production owners
- the working class are scarcely paid but endure the hard labour
- responsible for colossal growth of human productive capacity
- free trade capitalism leads to exploitation of workers + alienation
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- specialisation in capitalism secluded + separated people from the benefit of their work
- meaningless routined work - they aren't fully alive
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- private property owners control the accumulated labour of others
- thus, capitalism destroys the relationships between people
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capitalism - adam smith
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thus, they stifle economic growth
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criticisms
contradiction between claim that communism gives people freedom to pursue whatever work they want + claim that the economy must be centrally planned
in order for progress, powerful individuals require others to work for them
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surely if individuals can choose every day, then there will be no central regulation
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