Essay on Marx vs. Conservative Economists
First, lets begin by thoroughly explaining the “laws of motion” of Karl Marx, then I will dive into the question to be answered for this assignment. Now these laws of motion consist of many parts of the sophisticated capitalist economic system such as: accumulation of capital, the transformation of the work place, concentration of capital, the banking system, the growth of wage labor, and the decline of capital. There are a few other key elements to these many “laws of motion” but they will not be addressed in this brief paper. All these terms of the “laws of motion” are from Karl Marx's famous synopsis of capitalist societies called Das Kapital.
Accumulation of capital is simple, lets refer to it as the base of the tree, because it is the most simplistic of these following concepts that Karl Marx states. Accumulation of capital is growth of a nation fiscally, this divides all nations; and has done so for centuries. The most powerful nations in the world are the most profitable, 3rd world nations like Ethiopia or other African nations are lower on the scale of nations because of its wealth. Wealth makes the world go round for some people, hence the famous “golden rule”: “He who has the gold makes the rules.” This holds very true across thousands of years, the nations that have the most money are the most powerful nations and have the most advanced societies. This directly relates into a bigger population and a more advanced and intelligent society, especially if they are using a money system. Even today in the year 2011 there are still some nations that have no sense of the word currency, or have never heard of the concept money, while in our advanced societies we use money for everything and without money you are nothing in our advanced world. The transformation of the work place is not far off a concept from the prior, accumulation of capital. The more capital you accumulation as a nation, this directly...
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