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Entreprenuer scenario capitalism ii
Entreprenuer scenario capitalism ii













Costs paid by capitalists in the production process such as salaries are way too low as compared to the profits realized.

entreprenuer scenario capitalism ii

This is because as much as the working class is the one working on the ground the overall profits realized go to the capitalistic class. Exploitation comes about when the capitalistic class uses the working class to their benefit. In many societies today you will find the existence of the two main classes. Capitalism is the mode of production that is employed in our contemporary societies. This is what forms a capitalistic society and that is how it operates. According to Marx those who have are fond of exploiting those who do not have hence conflict will always exist between the two classes. There may be the existence of other classes in society but the two are conceived as the major ones. Capitalism is best explained by Karl Marx who says a capitalistic society has two main classes those who have (own the means of production) and those who have not.

entreprenuer scenario capitalism ii

Unlike the communist form of organization where a society has no classes, in capitalism class division plays a major role. The rest of the population has to sell their labor in exchange for salary/wage (working class).

entreprenuer scenario capitalism ii

In this type of organization, means that are used for production are owned by a minority group in society (capitalistic class). According to Hagopian capitalism is a social organization which is currently experienced in every country.















Entreprenuer scenario capitalism ii