Economics Project Essay Example | Topics and Well Written Essays - 1000 words

Economics Project - Essay Example He started developing the ‘dialectical materialism’ which addresses the economic order efficiency and its inherent weaknesses and contractions that lead to its own decay/ collapse. The concept attempted to critic capitalism tenets and prediction of its own collapse. His constant revolt against the current rulers saw him exiled in Belguim, France and Britain where he eventually died in London (Heilbroner, 136 - 139). Economic Ideas and concepts Karl Marx is often referred to as the father of Socialism and Communism owing to his Marxist theories and The Communist Manifesto. He was a critique of capitalism which dominating Europe by them after overthrowing feudalism. According to Marx, current tenets of capitalism were not sustainable as they had little regard for laborers who are important in the production process. While critiquing the capitalism, Marx argued that while capitalism was revolutionary, industrializing and driven by universal qualities of development, it expl oited and alienated laborer resulting to high unemployment rate. As a result, the system was subjects to depression shocks and the exploitation led to suffering of most laborer. These conditions were the recipes that would lead to class struggle, system decay and eventual collapse of capitalism. In essence therefore, what Marx was suggesting is a form of production process that would give decency to the working class. Such a method of production would be socialism or what is referred to as inexorable system of Karl Marx’ (Heilbroner 167). His assertions make sense when viewed in the light of modern capitalism as modern practices have come to recognize the importance of labor as a factor of production. Most companies are concerned about the welfare of their staff where business objectives are being driven by triple bottom line. Such an approach will most likely reduce tension between owners of capital and laborers. Karl Marx also contributed immensely to labor relations and in dustrial actions. He viewed the society as comprising of two classes i.e. the owners of capital and laborers who provided labor. According to him there exists a class struggle as each wants to maximize from each other. Unfortunately, the owners of capital who often forms part of the ruling class oppress the workers through long working hours and poor pay. Given the power of the ruling class and increased population, are able to maximize value at the expense of the laborers. Welfare of the workers is not a priority, maximizing surplus value and profit is. Heilbroner (32) noted that the English ruling class ‘failed to understand what fluid and mobile labour force would seek to achieve’. According to Marx, Capitalists optimize the discrepancy between labor markets and produce market to make surplus value. Surplus value is realized when input costs are lower than output price and the surplus according to Marx is taken away from laborer due the imbalance. The surplus value a rises from unpaid work as they are only paid enough to keep the body and soul together i.e. to make laborers survive. He noted that in the long run as class struggle continues, the surplus value reduces considerably a situation which forces the owners of capital to rescue their capital. In labor relations, the argument makes sense in that most laborers will go on

Compare and Contrast two poems from your own interpretation Essay

Compare and Contrast two poems from your own interpretation - Essay Example The mention of death, â€Å"This is how I want to die!† (Sexton 5–6) suggests the persona’s suicide ideation, hence confirming the first assumption. The persona is unmindful of the other images in the painting, thus he expresses, â€Å"The town does not exist† (Sexton 1). At the lower right side of Van Gogh’s painting is an image of a town with houses that seem to be eaten up by the magnificent clouds. The persona is too focused on the stars in the painting, hence neglects the other things around the stars. This fascination with stars is suggestive of an irony. Normally, happiness is associated with merry-making, having parties, loud music, singing, dancing, etc. However, in the poem, the persona equates happiness with a starry night, gloom, silence, solitariness, and even darkness. Death is thus viewed as a positive experience, a beautiful thought, an attraction. Madness is the main theme in Fagle’s poem. The persona could likewise be Van Gogh, and the time setting could be before he commits suicide. The persona feels madness creeping in him and tries to fight it and thus pleads, â€Å"God deliver me - help me now deliver/all this frenzy back into your hands.† (Fagles 23–24). There is the struggle to keep himself sane. It is interesting to determine what makes the persona insane? The introductory lines bear this idea of insanity, thus: â€Å"Long as I paint/I feel myself/less mad (Fagles 1–3). The persona acknowledges the fact about his madness. He believes that painting could keep him from insanity. However, this statement is an anti-thesis because as the readers follow the thoughts of the persona regarding his painting, they will be convinced that painting only makes the persona lose his mind more. In the consequent lines, the persona reveals how deeply he is engrossed with his art that he imagines a â€Å"clo udrack