Saturday, January 4, 2020

Communist Manifesto Essay - 1230 Words

Karl Marx in his â€Å"Communist Manifesto† states that the wage gap will eventually result in revolutions of working class across the world, and consequently difference in classes will be vanished. Whereas, Robert Reich in â€Å"Why the Rich are Getting Richer and the Poor, Poorer† argues that American strategy of economic development, which is based on expansion of the production, will lead to collapse of American economy. Though, the poor people will suffer of various deprivations, wealthy people will be putted into even more unenviable situation in both cases. Moreover, scenario given by Marx in his work proposes the worst position for the rich people than Reich describes. First of all, the equal situations illustrated by both authors are†¦show more content†¦Firstly, only rich men living in America will encounter such issue, so the fellow rich men in different places of the World will become wealthier, using American goods. Secondly, wealthy people, who will be smart enough to predict imminent crash of the USA, will always have enough time to immigrate to different, successful country with all the accumulations and consequently remain rich. In addition, there will be another type of suffered rich people; they are the children of those rich men who spent all their capital to lengthen their life via expensive medical solutions (Reich, p.25). As for them, they will either be born poor already or during the childhood they will observe how their parents were wasting their money for meaningless medical support, but in both examples, they would not have enough time to accustom to rich life. So their loss will not be significant, also that situation could be easily avoided by proper management of finances. This way, according to Reich, wealthy people will not get doomed in such case. Whereas, Marx describes revolutionary seizure of power by working class and disposing the ruling class for the sake of one equal society, as a consequence of wage gap. Marx claims that in his times, there actually were only two classes in society. One is the proletariat, â€Å"a class of laborers who live only so long as they find work, and who find work only so long as their labor increases capital† (Marx, p.36).Show MoreRelatedEssay on The Communist Manifesto672 Words   |  3 PagesThe Communist Manifesto nbsp;nbsp;nbsp;nbsp;nbsp;Marx describes the problem in great detail in the first chapter. He feels there is a problem between the bourgeoisie and the proletarians. The bourgeoisie were the oppressed class before the French Revolution and he argues that they are now the oppressors. The proletarians are the new working class, which works in the large factory and industries. 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