marx

Marx holds a couple of different views on capitalism. One thing that Mark recognizes as something that is positive about capitalism is that it demands that there constantly be a need for intelligence. In capitalism there is also competition going on, someone always needs to out compete someone else in order for the market to truly thrive and in order for a business to be able to compete there has to be products that are newer than others and better than others so that the consumers will want to buy them. There also needs to be a faster way to produce the products that are in high demand and in order to fix these problems there needs to be new inventions, new ways of doing this, and a different way to think. However, one of the big problems with capitalism is that not only does it create competition between producers but also between classes. There are large differences between what people are getting paid which creates a larger gap between economic classes. For example, in today’s society one large economic issue that we are beginning to face is that the middle class is becoming smaller and smaller and now economic classes are more clean cut like either you are rich or you are poor and that’s a big problem. Another problem with capitalism is that it needs many different countries to also become capitalist so that there are always different markets to compete with.