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| Topic: |
Social Issues
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| Number of pages / Number of words: |
16 / 4465 |
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It is vital to acknowledge that Marx's evaluation of the capitalist system is based focused the Industrial Revolution a century and a half ago, and therefore must be kept somewhat in that context. Within Marx's simplified capitalist society model, one class of people own and control the raw materials and their means of production...
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They are referred to as capital, bourgeoisie, or the owning class. The capitalist does not just own the means of production, but also all the items produced. By virtue of their ownership of production property they receive an income and earn a living from the operations of their factories and shops. The owning class owns the productive resources, though they do not usually operate the production means themselves...
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General points of the essay
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