Capitalism: Marxism and Medieval Ages Essay

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1) Bourgeoisie are people who are middle and upper class citizens that own means of social production and are employers. The main bases of the bourgeois are means of production and exchange, without this they do not exist. (productivity and compatibility) The bourgeoisies were created of out the revolution of production and exchanged. They gained momentum during the Age of Exploration. A worldwide market was being created, everyone want to trade, exchange services and goods therefore demands increased. However manual labor of manufacturing couldn’t keep up with the demands which led to the industrial revolution. Old ways of manufacturing were replaced by modern technology. The bourgeoisies became power and rich because demands of the market depended on their abilities to meet the needs of goods. They were no competition to replacing the old system. Which gave bourgeois a political sway, the states served the bourgeoisies. They exploited others by basing their personal worth by exchange value. Bourgeoisies would have not existed if modernization did not a occur allowing them to mass produce good in order to gain good profit. Business need to keep growing into order to stay alive. At the point, everyone is now reliant on the bourgeoisies to survive. Since bourgeoisies owned and controlled most of the industry and political standing. However, bourgeois became greedy and turned on themselves. Bourgeois are short term thinkers, whatever made instant profit was good. They didn’t put too much thought into the future. For example, over production; producing more goods then needed.

2) Marx and Engels idea of social change dynamics was the idea of class struggle.

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