History, asked by krishnakarnani92, 1 year ago

Who were capitalist according to karl mark

Answers

Answered by hannaaz
2

Class structure of capitalism. In Marxist theory, the capitalist stage of production consists of two main classes: the bourgeoisie, the capitalists who own the means of production, and the much larger proletariat (or 'working class') who must sell their own labour power.

Max Weber critiqued historical materialism, positing that stratification is not based purely on economic inequalities but on other status and power differentials. Social class pertaining broadly to material wealth may be distinguished from status class based on honour, prestige, religious affiliation, and so on. The conditions of capitalism and its class system came together due to a variety of "elective affinities".

Answered by armaan2305shaikh
0

The labor theory of value was supported by classical economists like David Ricardo and Adam Smith who believed that "the value of a commodity depends on the relative quantity of labor which is necessary for its production". In Das Kapital, Marx identified the commodity as the basic unit of capitalist organization

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