Also, the federal minimum wage has not kept up with inflation and most employees receiving minimum wage are living below the poverty line. This leads to the concept that the proletariats live paycheck to paycheck and they cannot stop working …show more content…
Marx’s theory about capitalism helps the reader understand the debate over minimum wage. It helps view the economy through the lense of the proletariat. It allows us understand how a group of people uses their power to exploit another group. While also providing understanding for the amount of inequality there is in the United States from gender wage gap, to basically how the working class gets robbed for their labour. It also shows the quality of life the working class have to live. They are alienated in their jobs from the product and society. This could be potentially dangerous for this group of people. I also believe Marx’s theory would be positioned in favor of raising minimum wage. So looking at raising minimum wage through Marx’s theory would be beneficially to the working class or anyone who recieved minimum wage because it shows the inequality of wages and how their labour is not rewarded what it should be. Basically Marx’s theory helps us understand capitalism, inequality in capitalism, exploitation between the bourgeoisie and the proletariat and how that affects us