Marxist Approach to Industrial Relation
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Karl Marx was a German philosopher, economist, historian, and revolutionary socialist who lived from 1818 to 1883. He is renowned for his theories about capitalism and socialism. Some of his key ideas were that capitalism exploits workers for profit, inequality is inherent in the capitalist system as the wealthy bourgeoisie owns the means of production, and that communism is a classless system where the working class owns the means of production. He published the Communist Manifesto in 1848 which outlined his theories and called for working class revolution.
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Marxist Approach to Industrial Relation
- 2. Karl Marx Born in 1818, Kingdom of Prussia-Germany Died in 1883,London - UK Buried in north London-UK Profit equals to motivation which equals to incentive to improve. He wrote the Communist Manifesto in in 1848 Father of communism Philosopher , Economist, Sociologist Historian, and Journalist
- 3. Marxism is conflict theory between Poor and Rich Its political and economical philosophy
- 4. Capitalism is society we live today with Marx was seeing it as equality he was saying that its liberation to crate fair society
- 5. Marx system is economic system base on private owner ship by production –big business profit Few people own factory ,business ,shops and other corporations Those corporation own by people who works for them –employees Marx formulate his theory –union industrial revolution
- 6. Marx formulate his theory –union industrial revolution
- 7. People before 1700-1800 had right to own land ownership government passed numbers of Inclusion Act between 1700-1800 After that people had no right to leaves on those land Many of them force to pack and move to the cities and search for jobs It was beginning to increasing the industrial production as well as factories Work was hard ,dangerous and payment was less Children often to use as cheap laborer
- 8. Industrial revolution promote the capitalist to think – It call capitalist’ Ideology Middle class Working class Marx chose the working class side because he was not treat well by factorial Capitalism society is base on quality Reach always needs somebody to do the work Conflict area Society is in conflict
- 9. He realize the workers in some point have power to change the things Education Self development At this point they can understand the system better Change comes through revolution Under capitalism the new system establish All the people treat equally Business and factory owned by every one It call communism drives to change
- 10. • Karl Marx became a leader because he didn’t like the way middle and working class were treated by the bourgeoisie. • They had horrible work hours, Working conditions and very low pay. It was because the bourgeoisie wanted all the money for themselves. • Marx explained how we would go from socialism, where people controlled businesses themselves with no government interference, to capitalism where the government controlled business Since the bourgeoisie treated the people unfairly and the government would become corrupt which would lead people to go to communism where all people were equal. This was a failed version of history since it did not happen