Question 1(a) · 10 marks · 132 words written
Opening
According to Marx, Capitalist mode of production is characterised by Conflict and interdependence between Bourgiosie and Proletariat and is a worst mode of production in Marxist conception. Marx, criticised capitalism majorly because of pursuit of Surplus value associated with labour, but appropriated by Capitalists as profit.
According to him, "Labour produces everything and capital produces nothing"
Body · points and prose
arx, criticised capitalism majorly because of pursuit of Surplus value associated with labour, but appropriated by Capitalists as profit.
According to him, "Labour produces everything and capital produces nothing"
→ appropriation of surplus value unequally, becomes the reason for conflict in capitalist society and Marx, sees inevitability of Proletariat revolution when True class consciousness kicks in and worker will realise the extent of exploitation, it is facing.
Close
However, improvement of basic standards of living of workers have toned down revolutionary potential but unequal appropriation continues leading to increasing inequality - Pauperisation and this will ensure, Marxist conception of inevitability of Proletariat revolution to be true.