In this essay, I will argue that Karl Marx's theories contain a better perception of the creation of capital and the origins of time discipline use in the modern world compared to the theories of Max Weber.
The basis to Marx's theory in which capital is created is based on writings of his works; Manifesto of the Communist Party, Capital, Volume One and Wage Labor and Capital. Through these readings, it can be derived that his main thesis is to understand history, you must understand class struggles. The classes of owners of the means of production and employers of the wage laborers, the bourgeois, have the will to obtain capital in the easiest means possible. On the contrary, the classes of wage laborers, the proletariat, have no means of production of their own, and are reduced to selling their labor power in order to sustain their lives. These classes have sustained themselves through history and are evident in modern society. "The modern bourgeois society that has sprouted from the ruins of feudal society has not done away with clash antagonisms. It has but established new classes, new conditions of oppression, new forms of struggle in place of the old ones." This explains that even though our society has new technology, different political and economical circumstances, the existence of these two classes are still in existence. With that, the Materialist Conception of History is established; the struggle between the two classes and the modes of production can be documented as the driving motor of history, regardless of the economic system. I believe Marx's theory is extremely accurate and applicable to our present society, and with support of Marx's works, this leads me to believe Marx accounts are more convincing than Webers.
To produce capital, it is necessary for the bourgeoisie to have more advantages, such as the control over the modes of production. Feudalism, for example, is a prime example of the class struggle