Essay on Wealth and Poverty Karl Marx - 1711 Words

Communism has been regarded as the opposite to capitalism; however it was capitalism that gave rise to communism. During the Gilded Age capitalism influenced the growth of the industrial revolution in Europe and in the United States. The Gilded Age was the period of 1870-1910, where there was great economic growth in the United States. People like Andrew Carnegie and John D. Rockefeller were entrepreneurs who made their fortunes in this age of industrialization. Although this period brought technological advances and economic growth, it also was a period of disparity and poverty. Karl Marx, a German philosopher, saw this inequality growing between what he called the bourgeoisie and the proletariat classes. The†¦show more content†¦Europe was becoming overcrowded and resources were becoming scarce. As a result, the working class grew to become the mass population while the middle and upper classes shrank in size. However, the economic and politic power still rested on the bou rgeoisie, not in the proletariats. Because the bourgeoisie had the power, they established a new social order based on the old feudal system. In The Communist Manifesto written by Karl Marx and Friedrich Engels, it is stated The modern bourgeoisie society that has sprouted from the ruins of feudal society, has not done away with class antagonisms. It has but established new classes, new conditions of oppression, new forms of struggle in place of the old ones. (Communist Manifesto pg. 244) This means that the bourgeoisie class has imposed a new order of social ranking class like the feudal system, but this time they are the kings and land lords. In this new order, the proletariat class is the feudal, the feudal; the poor; the lower class. Throughout our history, there has always been a social rank, where people are classified based on their physical or economic traits. The bourgeoisie created a new social rank but now they plan to extend this rank into a global rank. With the help o f the industrial revolution, their new social class will expand quicker and further than any previous system before. In The Gospel ofShow MoreRelatedThe Distribution of Wealth892 Words   |  4 Pageshas his or her own ideas of how wealth should be distributed properly. Some people believe wealth should be left to family, left for public services, or become the property of others. Others believe that people should not have excess wealth, resulting in non-existent class distinctions. An alternative view is that wealth is not distributed; instead, the wealthy continue to grow wealthier while those in poverty can not escape it and fall further into a life of poverty. The beliefs discussed above comeRead MoreThe Ideas And Reforms Of Marx And Kuyper1142 Words   |  5 Pagesand America. 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