Intro to Communism

Marx’s View on Capitalism

• Communism was a theory by Karl Marx as a way to organize soceity fairly.

• Marx saw that capitalism creates classes in society.

• Bourgeoisie are the owners

• Proletariat are the workers

Marx’s View on Capitalism

• Bourgeoisie own all the capital (factories, tools etc)

• They also get all the profits.

• They can reinvest the profits in the company or remove it and pay themselves.

Marx’s View on Capitalism

• Proletariat – These are the workers and get paid a wage.

• They get no share in Company profits.

• At the mercy of the Bourgeoisies.

• The goal of the Bourgeoisie is to reduce the costs of production and pay as little as possible.

Marx’s View on Capitalism

• Workers are dependant on the owners for their basic needs.

• Wage Slavery

• People are only of value if they can be used in work.

Marx’s View on Capitalism

• As technology advances the need for people decreases.

• This leads to unemployment and needs not being met.

• People forced to accept lower wages and poor work conditions.

Marx’s View on Capitalism

• Companies will be in direct competition.

• Self defeating system.

• As companies get more profit they buy other companies and take them over.

• Share of wealth gets more concentrated in the hands of the few.

• Eventually working class(proletariat) will revolt and overthrow the owners (bourgeoisie).

• This will result in Socialism and lead to Communism.

Marx’s Communism