Karl Marx and Max Weber Different Views on Capitialism
Introduction of Karl Marx and Max Weber Theories
Karl Marx and Max Weber speak about capitalism and social class. They both agree that modern methods of organization have tremendously increased the effectiveness and efficiency of production. However they both have different concept of theories. Karl Marx speaks about Alienation and Critique of Capitalism .Marx argued that this alienation of human work is precisely the defining feature of capitalism. He regards alienation as product of the evolution of division of labor, private property and the state: When these phenomena reach an advanced stage, as in capitalist society the individual experiences the entire objective world as a conglomerate of alien forces standing over and above them. Marx with Hegelian notion of alienation but developed a materialist concept. For Marx the possibility that one may give up ownership of one’s own labor, one’s capacity to transform the world- is tantamount to being alienation from ones own nature; it is a spiritual loss. Marx noted that alienation can only be overcome by revolutionary abolition of the economic system based on private property.
In his “Preface a Contribution to the Critique of Political Economy”, Marx had expressed this economic dialectic by saying that it was when “ the materials productive forces of society” came into conflict with “ the existing relations of production” that historical upheavals resulted ( Marx, 1976,page 3.).
Marx critique of capitalism is that it still produce inequality, reduces family relationship, destroys small business, enslaves and reduces all human relations to commercial relations. Marx states that, for the bourgeois man, the wife is reduced to a mere instrument of production. Moreover, once the exploitation of laborer by the manufacturer has finished, then he is set upon, says Marx by other segments of the bourgeoisie the landlord, the shopkeeper, the pawn broker in bourgeois society “capital is independent and has individuality,
Karl Marx and Max Weber speak about capitalism and social class. They both agree that modern methods of organization have tremendously increased the effectiveness and efficiency of production. However they both have different concept of theories. Karl Marx speaks about Alienation and Critique of Capitalism .Marx argued that this alienation of human work is precisely the defining feature of capitalism. He regards alienation as product of the evolution of division of labor, private property and the state: When these phenomena reach an advanced stage, as in capitalist society the individual experiences the entire objective world as a conglomerate of alien forces standing over and above them. Marx with Hegelian notion of alienation but developed a materialist concept. For Marx the possibility that one may give up ownership of one’s own labor, one’s capacity to transform the world- is tantamount to being alienation from ones own nature; it is a spiritual loss. Marx noted that alienation can only be overcome by revolutionary abolition of the economic system based on private property.
In his “Preface a Contribution to the Critique of Political Economy”, Marx had expressed this economic dialectic by saying that it was when “ the materials productive forces of society” came into conflict with “ the existing relations of production” that historical upheavals resulted ( Marx, 1976,page 3.).
Marx critique of capitalism is that it still produce inequality, reduces family relationship, destroys small business, enslaves and reduces all human relations to commercial relations. Marx states that, for the bourgeois man, the wife is reduced to a mere instrument of production. Moreover, once the exploitation of laborer by the manufacturer has finished, then he is set upon, says Marx by other segments of the bourgeoisie the landlord, the shopkeeper, the pawn broker in bourgeois society “capital is independent and has individuality,
Bibliography: Karl Lolita, Bryan S. Tuner and others- Book Max Weber and Karl Marx and Unwin- London-1985. Michael Payne, Meenakshi Ponnuswami- Dictionary of Cultural and Critical Theory. Marke Skousen – Making of Modern Economic Lives and Ideas of the Great thinkers. M. Weber- The Protestant Ethic and The spirit of Capitalism- Unwin Hyman Limited London- 1985. History of Karl Marx and Max Weber