Friday, March 27, 2015

Capitalism as understood by Marx in America

This week in class we learned about capitalism and Karl Marx's view of it. Capitalism is a sort of economic/political viewpoint or system where industry is controlled by people for a surplus value instead of the industry being controlled by the state. The bourgeoisie are the owners of the means of production and the proletariat are the workers/producers. Karl Marx made this distinction of two classes under a capitalist state. After learning more about capitalism and about Marx's views about it in class, I completely agree with him where he says that capitalism is a fundamental contradiction. It isn't fair that the workers/producers put in work and do not see the surplus value for their efforts. Rather the surplus value goes straight to the bourgeoisie and the price of labor is determined by the forces of supply in demand. This means that if more product is needed, labor is increased. The bad thing about capitalism is that when labor is increased it doesn't necessarily mean that those who are doing the work will be paid for it. Since the 1970s there has been a huge gap between demand of product/labor and the wage that the working class receive for their work.

The fact that America is a capitalist country is very upsetting and disappointing. We are supposed to be a land where people come to work hard and get every ounce of their efforts back in rewards. This is not the case. Americans today put so much emphasis on the entertainment business that we are practically creating a bourgeoisie class. We invest so much money into being sports fans or watching new movies because our favorite actors/actresses are in them... without realizing that we are sustaining the capitalist system and enforcing those who are rich to be richer and those who are poor to be poorer. I feel like it is our fault America is a capitalist country. The day capitalism fails is the day where Americans stop supporting the bourgeoisie (in my situation the entertainment business) and actually focus on things other than social media or entertainment and get back into their homes. When I say get back into their homes I mean enjoying the company of family and friends and enjoying the work they do, instead of investing time and money into going out and partying or watching movies (basically supporting the entertainment business). Yes, without entertainment life would be boring sometimes but America takes entertainment too far. We have created the bourgeoisie class all on our own and get upset about being proletariats. We need to first fix the proletariat before attacking the bourgeoisie. When I say that I mean that we must first look within ourselves and figure out what's wrong before putting the blame all on the bourgeoisie. Maybe then capitalism will fail and we will all see the fruits of our labors.

No comments:

Post a Comment