By Robert Freedman
The booklet provides the elemental financial and political principles of Karl Marx.
Read or Download The Marxist System: Economic, Political, and Social Perspectives PDF
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Extra resources for The Marxist System: Economic, Political, and Social Perspectives
Sample text
As a generalization, status rather than class determined distributive shares. For Marx, "economic rationality," along with individualism, a central feature of market societies, is a new phenomenon in human affairs brought about by the dissolution of traditional societies. With money wealth individuals can hire labor and secure the ownership of land. And in a society where free petty land ownership and communally held land dwell side by side, the two forms do not come into conflict with each other.
And this takes place in a real world in which human beings have material bodies. Marx denies the duality of body and soul and argues that the conflict Hegel sees between the two is nothing more than the conflict between people's "true" selves and their actual behavior, a conflict that is created in the real world by the real material conditions under which people live. Human happiness and fullest selfdevelopment then become realities. For Marx there is strong human motivation for social change to overcome alienation, whereas for Hegel "history" has the purpose of overcoming alienation so as to make humans at one with God.
The landowner is a capitalist, the tenant farmer the worker. 11 With the growth of industrialism and the increasing power of the manufacturing class, nineteenthcentury political economists took sides with the emerging class against landlords. All value is created by labor. The institution of private property is simply the historical means by which nature has been stolen from the worker. Marx terms the objectifying of goods and services "commodity fetishism"—giving a life of its own to an object detached from its source.