Question

1. Explain the phrase ”The Bourgeoisie digs its own grave”. What does that mean in the context of growth and capital income shares?

Answer 1

So if we will look into economic history then we will found that there is a lot of literature about Bourgeoisie as it's a French term which denotes to a class of the society, especially referring to the set of people with a certain traditional cultural and owned most of the society financial capital and means of production, even though definitely they are known as the person who digs its own grave this is all because of the following reason

1) Generally, most of the Bourgeoisie migrate to the nearest city & create a rapid Urbanization leading to an uplift in the economic variable which ultimately affects their financial condition and these workers mainly concentrated in the poorest parts of the city

2) Education of the Working Class prevailing in the society make them adopt industrial work and make their growth slow, Literacy related Campaigns in their society is very low in between them

3) Formation of various Trade Unions in the firms which not only distract them but also creates a problem for them many times

4) they always remain as an industrial worker and it affects their financial condition and makes them poorer with time