Question

Core to Karl Marx's evaluation of Capitalism is the moral claim that people should be paid for the value of their work. Explain how Marx's critique of Capitalism derives from this central moral principle.

Answer 1

Marx principles were based on the disagreement of capitalism. Capitalism was against political and philosophical approaches include anarchist, socialist, religious ad nationalist perspectives. Marx explains that capitalism is a wonderful innovation but it is an immorally exploitative. Marx theories are based on economic and philosophy but also the impact on globalised world.
Concept of private property: Marx argued that the private property maintained only by the capitalists. In free market system and private property ownership can attain high level of wealth, on the other hand it breakdown the genuine social relationships.
Alienated labour: The existence of private property give birth for the capitalist social division. There is a clear division between bourgeoisie and proletariat. The division started in institutions also. Bourgeoisie are the ruling class and also the possessors of wealth.
Value of labour: Labour considered as the most vibrant factor in productions. The labours did not get proper assistance or help. The surplus and the profit gained from prediction go to the hands of capitalists. There are oppressions upon labours. Revolution against bourgeoisie goes through different stages of development.
Concept of welfare: Marx focuses on welfare instead of profit. There s no welfare can be attained in capitalist system. There is also higher level of equality developed between working class and owners.