Sunday, January 18, 2009

Marx's Critique of Capitalism

What I think capitalism is that it's a competition between all the capitalist and I think this because they try and find ways to make the most money and who has the smarter ideas on doing that. My example would be made so I can try and get a point across on how capittalism is a competition. For example Mcdonalds would make a new offer saying that they would sell the cheeseburger 2 for $3 and they start to make good profit on their new offer and is making more profit than their rivals Burger King. Then Burger King also being a capitalist jut like Mcdonalds they would also make a special offer in order to stay in competition with Mcdonalds and also to see would make a better profit. Burger King offer probably would be 2 jr. bacon cheeseburgers for $3 plus a small fry on the side. By doing that they created a capitalism and the people who fall for it would debate on which fast food restaurant they would go to just spend the same amount of money but one company that is giving more of your money worth. But the thing about some capitalist when they make offers like that they are losing more product than usual and would have to use most of the money made on the special to keep buying products in order to keep the offer going to compete with other companies.

Marx's theory on labor power is that it is the source of all wealth and the worker only get paid half of the hours that they work. What I think about the pay people get sometimes is unfair becauce people are getting paid for how mant hours they work in a day which I can agree with. But I think people should get paid on how hard they work everyday because sometimes do more work than some of their co-workers. Also some co-workers are more lazier than others and would do less work and sometimes get paid more than the other worker.That is my idea of labor power and that is in a way kind of like capitalism between workers where one worker is doing less work and having the other worker do more work and still get less pay than the other.

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