The document discusses Karl Marx's philosophy of communism and capitalism. It outlines Marx's view that private property is a product of alienated labor and that society should eliminate class differences by replacing private ownership with common ownership. However, the author believes capitalism is better for innovation and technology. While acknowledging China has found some success with communism, the author argues Pakistanis strongly value private property and competition over government control. The author concludes that with justice and equal opportunities for all, capitalism could work best.
The document discusses Karl Marx's philosophy of communism and capitalism. It outlines Marx's view that private property is a product of alienated labor and that society should eliminate class differences by replacing private ownership with common ownership. However, the author believes capitalism is better for innovation and technology. While acknowledging China has found some success with communism, the author argues Pakistanis strongly value private property and competition over government control. The author concludes that with justice and equal opportunities for all, capitalism could work best.
The document discusses Karl Marx's philosophy of communism and capitalism. It outlines Marx's view that private property is a product of alienated labor and that society should eliminate class differences by replacing private ownership with common ownership. However, the author believes capitalism is better for innovation and technology. While acknowledging China has found some success with communism, the author argues Pakistanis strongly value private property and competition over government control. The author concludes that with justice and equal opportunities for all, capitalism could work best.
Philosophy of Karl Marx in the light of Capitalism and
Communism
“Private property is the product of alienated labor.”
The meaning of Marxism is the hypothesis of Karl Marx which
says that society's classes are the reason for battle and that society ought to have no classes. An example could be supplanting private proprietorship with co-usable possession. He wanted to eliminate Capitalism where he thought the labors would keep on working and would never get on top and that they would never get the opportunity to get the things they were making themselves in the factories, as a matter he called this Alienation. He believed Communism would get everyone treated equally and when the economy will be in the hands of the government and when there will be no private ownership the country will eventually rise and develop. Whilst in reality, I believe, it is not true. The inventions and the opportunities are out there. Even the thing I’m using right now (a laptop and an internet connection, writing report on Microsoft Word) is an invention because of Capitalism. There is competition because of Capitalism. People give rise to new ideas as they know they will be judged on the basis of their work. I see a lot of people from different countries opposed to Karl Marx’s ideas and they only call him an accidental journalist who somehow got everyone’s attention but nevertheless he still has some followers so there must be a reason for them. I, on the other hand, am opposed to Karl Marx’s Philosophy. I believe Capitalism is the way to greater inventions and technologies which we need in this modern world. The trade and ownership should be allowed for the private owners rather than the state itself. People need freedom instead of a forceful government telling them what to do. China has worked out pretty well, but then again it is not a total communist country and the people are also willing to their government. I suppose Capitalism and Communism also varies with people. In Pakistan, the type of people we are I know that it is for sure they are never going to give themselves up to the government and give their privately owned property. Never in a million years would all the rich give up their assets. People like us believe in competition. The only thing which is a must though is justice. If corruption is eliminated totally and there are just people overall giving everyone equal opportunities then Capitalism will work at its best. We need to work on ourselves as a community and provide justice to the individuality.