Topic > Marx's Theory of Class Conflict - 1079

According to Marx, class is determined by property associations and not by income or status. It is determined by allocation and use, which represent relations of production and class power. Marx's distinction between one class and another is based on two criteria: the possession of the means of production and the control of other people's labor power. The main class groups are the capitalist also known as the bourgeoisie and the workers or proletariat. The capitalist owns the means of production and buys the labor power of others. The proletariat is the lower working class. They are the ones who sell their workforce. Class conflict to possess power over the means of production is the powerful force behind social growth. The capitalist is motivated by rewarded wealth. Capital can only multiply by giving itself in exchange for labor power. This exchange is based on specified percentages. For example, after 12 long hours of weaving the worker receives only a compensation of two shillings. They achieve residual wealth by taking advantage of workers. These workers are paid less than the value of their work. Workers endure large amounts of exploitation. Workers deploy their labor power to acquire means of survival that make existence possible. The quantity of goods is based on the cost of living and work ethic of the workers. Marx predicted that class conflict between the bourgeoisie and the proletariat would lead to the collapse of capitalism. The motivations of the capitalist and the workers create conflict because the capitalist attempts to sustain capitalism by upholding his own invented principles, beliefs, and perceptions that prevent the proletarians from rebelling. Once the two classes come into conflict with each other, the class... in the center of the card... positions itself at the top of the government and business hierarchy based on common principles and beliefs. The majority come from the top third of the salary and professional pyramids, they grew up from the same upper class, some attended the same preparatory school and Ivy League universities. Furthermore, they belong to the same organizations. Ruling elites have the power to control the programs and actions of major governmental, financial, legal, educational, national, scientific, and public institutions. Those in power influence half of the nation's manufacturing, infrastructure, transportation, banking holdings and two-thirds of all insurance holdings. The occupiers take essential actions that could affect the lives of everyone in American society. Decisions made in meetings of major companies and banks can influence inflation and unemployment rates.