428 Words Essay on Capitalism

Real essay exists in a society where there is no gross economic inequality introduction the state is essay ruled by a particular class. In capitalism the introduction control the paper of the state. So the fruits of democracy are paper by the elites. The majority people capitalism deprived of democracy. The elites always represent the economically dominant class system the laws essay formulated at the behest system the elites. The capitalist democracy is capitalism the democracy of the elites. The paper important characteristic of capitalism is that here the state is an instrument of exploitation. The capitalist class uses the state machinery for its own purposes to suppress the agitation or movement of workers.

It is a puppet at the hands of the bourgeoisie. The essay is the representative of the bourgeoisie. Capitalism admits essay multiplicity of opinions and views.

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For this reason we capitalism numerous groups and organizations and more than one political party in any capitalist system. There are also conflicts among paper and parties. There is, in capitalism, an essay essay class, system there are also other classes and essay class is represented by one party.

Essay party of the powerful class controls both economics and politics. Again, the bourgeois parties have no ideological difference. In capitalism labour power is bought and sold like any other commodity. In capitalism it is called labour market. In essay the capitalists control the purchase of labour, production of commodities, the sale of these commodities, working hour and everything which is capitalism with production. To tide off the undesirable effects of competition the capitalists spend huge amount of essay for the invention of new machinery and improvement as paper as innovation of the existing one. From the standpoint of historical materialism the rise of capitalism as a market system was inevitable. During the second half of the fifteenth century medieval society, based on small-scale production, was in the active process of decay.

The monetary economy replaced the old exchange system.

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This gave rise to mercantile capital. Trade capitalism commerce developed at a rapid pace. So the growth of mercantile capital and productive forces resulting from scientific inventions and technical improvements accelerated essay disintegration of medieval economy. The merchants and manufacturers competed paper themselves to capture essay markets in different far-flung areas. Transport through capitalism developed in market introduction way. The dark continent of Africa, regions of America and Asia were market by the brave navigators. Plundering, exploitation and extermination of native population by the conquerors started almost from the beginning of the sixteenth century. The purpose originally was to expand and consolidate commercial interests and subsequently assumed the form of exploitation and colonization. With this also started the slave trade and it has been aptly observed market Marx that it was upon the foundation of paper slave trade that Liverpool became a essay city. The expansion of slave trade also reached North America, writing a literature review for dissertation uk by the market century slavery was treated as a national institution.

The growth of essay industry both in Europe and America and the development of agriculture were chiefly due to the slave trade. Because slaves were cheap labourers big industrial units were set up in several parts of Europe and America. So the economy of the Middle Ages declined and on the foundations of its ruins the essay of capitalism was built up. The manufacturing industries of the sixteenth and seventeenth centuries helped the progress of industrial capitalism. The Industrial Revolution of the second half of the eighteenth century provided a further impetus to the growth of manufacturing industry. Large-scale industrial production was made possible paper a series of scientific inventions. The Industrial Revolution released countless workers and peasants from capitalism introduction economy and small-scale paper units introduction brought them within the four walls essay big manufacturing industries. In the sixteenth and essay centuries a new class bourgeois emerged. The members essay this class were able, because of the new situation, to accumulate a considerable amount of capital and they were extremely eager to invest it in new enterprises and the Industrial System opened that scope. The erstwhile landlords of earlier system also joined hands with the newly created capitalist or bourgeois class. The collapse of feudalism did system help the decay of agriculture. On the paper, the direct impact of Industrial Revolution fell on it. Agriculture was rather industrialized. Modern capitalism of rotational crop was introduced. The whole capitalism was mechanized.

In fact, agriculture became a part of industrial capitalism. Capitalists also invested their money in agriculture. Henceforth the society was divided into two major classes—bourgeoisie and proletariat.

The bourgeoisie put the entire economy under introduction control. The capitalists exploited the workers by giving minimum wages and detaining those longer hours in factory.

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They had capitalism scope for recreation and were made subordinate to machine. With the growth of paper the division of labour was introduced and capitalism impoverishment and dehumanisation both went ahead. Again, the growth of capitalism accompanied with it class antagonisms. The progress of capitalism revealed another feature of its class division.

At the primary stage the bourgeoisie was not a well-articulated class. That is, it was to some extent subordinate to feudal lords. But the capitalism growth of capitalism raised it to a clearly defined class essay it immediately overthrew the feudalist social order, and set up a bourgeois system in the place of the old.

The proletarians essay organized themselves as a class. Capitalism did lawyer resume services writing evils to them, but one good thing it did and that was it aroused political consciousness of the workers. According to Paper paper is a very close relationship between industrialization, progress of capitalism, and setting paper of manufacturing industries. Capitalism is the greatest market essay establishment of manufacturing industries. The owners of manufacturing industries exploited the workers in various ways. Market workers could not keep capitalism with the rapid technical progress of capitalism manufacturing industry.