Marx's theory suggests that capitalism is a product of historical and material production that is organized around material survival. The capitalist system focuses primarily on the building of capital and profit, competition, and the function of private property. In turn, this system creates "the worker, whose sole source of livelihood is the sale of his labor power," and "the class of purchasers" or capitalist class (Marx 1978, 205). Also, by valuing capital the system augments competition among …
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showed last 75 words of 1707 total
…movement of the working class towards an educated class engaged in increased competition demonstrates that the job market is becoming more competitive. The capitalist system utilizes the potential of the education system to create a mask that leads many to believe that "different classes [can meet] on common ground" (Hooks, 2000). Works Cited Hooks, Bell. Where We Stand: Class Matters. Routledge. New York, 2000. Tucker, Robert C. The Marx-Angels Reader. W.W. Norton & Company. New York, 1978.