Question

In: Economics

4. How relevant is Marxism to the generation of conflict in your society? (Your answer should...

4. How relevant is Marxism to the generation of conflict in your society? (Your answer should not lose sight of concepts such as resources, competition, prestige, power, privilege et)

Solutions

Expert Solution

4. Karl Marx and Friedrich Engels developed the theory of communism, a socio-political theory, which believed that capitalism and its causes are the main reasons of conflict in today's society.

According to their theory of communism, the landlord, the businessman, the elites with enormous capital and wealth used it to increase their power, prestige, wealth in the society at the cost of workers, labourers, or in their terms, bourgeoisie. Therefore, it is important to overthrow the capitalist system in order to ensure a conflict-less society.

In my view, some of their concepts as far as resources, competition, etc. are concerned, are true and acceptable to some extent. However, capitalism has proved to be a successful economic system in most of the economies around the world, including in the US, and U.K.

Their proposition to a great extent looked appealing to the masses, however, the fall of communism in 1990s in the world, mainly in Eastern Europe, showed the inapplicability of noble ideas of communism in todays' modern world.


Related Solutions

How relevant is the Maslow Theory to people in today’s society?
How relevant is the Maslow Theory to people in today’s society?
How should you respond if your health promotion values conflict with a client’s values
How should you respond if your health promotion values conflict with a client’s values
Your book discusses several Leadership Traits relevant to negotiations and conflict resolution. Your assignment is to...
Your book discusses several Leadership Traits relevant to negotiations and conflict resolution. Your assignment is to provide manifestation examples for any FOUR of these traits. You may describe actual individuals you are familiar with or speak to the trait in general. You must provide clear evidence of how your example exemplifies this trait. For instance: John Doe, in our opinion, exemplifies the leadership trait high energy by consistently..........and always............... OR A leader might be described as culturally aware because she...
6, With regard to social change, conflict theory assumes: Group of answer choices society is always...
6, With regard to social change, conflict theory assumes: Group of answer choices society is always in a natural state of equilibrium. protests and revolutions are desirable and necessary. the status quo is generally good for the society. sudden social change is undesirable. social inequality has minimal impact on societal outcomes. 7, According to lecture, applying functionalist concepts, pollution created by cars is Group of answer choices a manifest function. a latent function. a covert function. a dysfunction. 8, Which...
(a) Critically evaluate how conflict can be managed in an organisation, Illustrate your answer with examples...
(a) Critically evaluate how conflict can be managed in an organisation, Illustrate your answer with examples from your organisation.   (b) Using relevant examples from an organisation, critically explain the different stages of group development, clearly distinguishing between formal and informal groups. You should also highlight the salient features differentiating groups from teams.
(a) Critically evaluate how conflict can be managed in an organisation, Illustrate your answer with examples...
(a) Critically evaluate how conflict can be managed in an organisation, Illustrate your answer with examples from your organisation.
Evaluate how the major branches of Islam, Sunni and Shia, create conflict. Your response should be...
Evaluate how the major branches of Islam, Sunni and Shia, create conflict. Your response should be a minimum of 200 words.
Answer the following, citing relevant legislation and case law in your answer:
Answer the following, citing relevant legislation and case law in your answer: a) What is the parol evidence rule, and what is the court’s reasoning in applying the rule? (Maximum 100 words) b) List and explain the exceptions to the parol evidence rule.  
Question 4. Answer the following problem based on the Corporate Financial Analysis textbook. Your answer should...
Question 4. Answer the following problem based on the Corporate Financial Analysis textbook. Your answer should be formatted similarly to Figure 13-1 on page 403 of that textbook. (25 pts) Dinsmore Artists International is in the business of managing “pop” artists in the entertainment industry. It is considering the purchase of an executive jet plane to transport its executives and the artists it represents to various meetings and performance sites. It expects that by owning its own executive jet, it...
How is cellular fermentation relevant to our society? What investigations are being made in this field?...
How is cellular fermentation relevant to our society? What investigations are being made in this field? Give various examples from different research papers.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT