Saturday, July 27, 2019

Philosophy - Marx - Capital, Volume 1 (1867) - Ch 1, sec 1-2 Ch 2 Essay

Philosophy - Marx - Capital, Volume 1 (1867) - Ch 1, sec 1-2 Ch 2 - Essay Example Early in the book, Marx declares that he writes of individuals â€Å"only in so far as they are the personifications of economic categories, embodiments of particular class relations and class interests† (Marx, 15). Today, the world economy is made more complex by the advent of the Internet, over which countless transactions take place in the blink of an eye, and the introduction of new and ever more sophisticated financial products. Consequently, relationships between labor and commodity, and between the working class and bourgeoisie, have grown more complex. The profound effect of recent economic instability in the U.S., aggravated by relaxed restraints on Wall Street and deprivations of the corporate elite, would seem to bear out Marx’s contention (Name) 2 that not only is crisis the nature of capitalism, but that the essence of human action and interaction in a capitalistic society is inherently economic.

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