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Topic
Board Economics
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Marxism theory Suddenly making sense
by
fiulpro
on 25/06/2020, 20:27:23 UTC
Quote
Marxism is a social, political, and economic theory originated by Karl Marx, which focuses on the struggle between capitalists and the working class. Marx wrote that the power relationships between capitalists and workers were inherently exploitative and would inevitably create class conflict

People can be categorized into two categories in economics , from a practical point of view.
• You either provide jobs
• You either do the jobs

The people who does provide the jobs , does have a store capital income that they are looking forward to multiply with passing time. Whereas the working class restlessly works day and night to reach even 1% of that capital class.

I did study about the theory of Marxism in civics but did not know that soon enough in 2020 we will be able to see a real life example of how big the river is between the two communities.

*When people were fighting over toilet papers there were some celebrities using it to prank their household members , this did not only receive a harsh backlash from the society but it also did prove that , as long as you have money, you can live peacefully even when the whole world is burning*

The system needs to be changed, but how ?
• How about , people who are not rich are not required to pay the electricity and gas bills for the time being since during pandemic , literally no one has a job , whereas the subsidised bills can be equally divided into the wealthiest class and they be required to pay the same conditioned that it does not take a toll on their monthly income in any way.
• Government needs to standardize minimum income rule in all the regions , be it a small village or be it a big city , people work hard irrespective of the place they work in but there is a huge difference in the salaries.
Eg. A person I know works 9-5 job for sake of 40$ , it's a teaching job but considering the school is not in a good location they don't expect them to ask more than that .
- - government needs to make new set of rules where the person be paid at least 100-150$ .
•During a job interview priority must be given to person who is most eligible ofcourse but at the same time the next criterion needs to be the economic situation of the family.

There are a lot of things that can be done right now , we need to make sure that there is no bitter problems between the two classes since sooner or later the conflict might just be the last straw in the pandemic.

Do you think it is Worthy enough to be given a good thought?

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When we are talking about a ideal society in terms of capitalism what do you think might work ?
Is the government capable of providing more priority and rights for the working class , or will they just let it slide like that ?

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There are labour protection laws no doubt , but I do think their education should be mandatory in the schools . Personally I did not study much about it till college . Kids should be given indepth knowledge of what they should expect irrespective of the class they are going to be in .