Category: Karl Marx
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Marx’s ideas on modes of production
Karl Marx was a German philosopher and sociologist. Besides, he mastered many other subjects like economics, political theory, history, etc. In Marxism, the mode of production is a very important concept. It refers to the way in which a society is organized so as to produce goods and services. It is composed of two main…
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MN Roy ( father of indian communism): All you need to know
MN ROY: The efforts of many Indian revolutionaries are being discussed when it comes to nation-building. We have a great history of leaders who were political militants and philosophers at the same time. Manabendra Nath Roy was the most successful Indian philosopher of the 20th century and a great speaker. He left India in 1915…
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Labour Commitment: Overview
Resources are essential for conducting the activities of the economy in a country which includes capital, raw materials, and pieces of machinery, buildings, transport and importantly man-power. The word ‘commitment’ is so big in value when compared to the word ‘engagement’ which does not show the importance of willingness towards working. Here, we can analyse…
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Karl Marx’s Commodity fetishism – Explained with Example
Karl Marx is one of the most influential social thinkers of the 19th century and he is known as the architect of socialism and the champion of communism. Commodity Fetishism in Marx’s application of his analysis of the relationship between a commodity and society as a whole. Fetish was popularly used in the good old…
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What is Capitalist Class and Examples
The group of people who own the means of production and employ workers are said to be the ‘capitalist class.’ They have an upper hand in the working society as they tend to derive the work from the workers and labourers and keep the profits. The workers sell their ability and hard work to earn…
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Wage Labour and Capital (Works of Karl Marx 1847) Summary
Capitalism was the primary focus of Karl Marx’s thesis. His critique on political economy was done in instalments. Our society is under the dominion of capitalist production in which large chunk of the population of working-class have to work for the owners or the capitalist, who are the owners of means of production that is…
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Bourgeoisie: Meaning, History, and Facts
Bourgeoisie: It is a socially defined class, which refers to the people with a certain financial capital who belong to the middle class. Originally, with the first developments of urbanization, the people of the city i.e. the merchants and craftsmen opposed to the ones of the rural areas. And this created space for the rise…