Introduction to Marx's Capitalism

Capitalism According to Marx
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Capitalism According to Marx
Karl Marx is one individual who is well-known because of the way he stood in opposition to capitalism. As he tried to analyze the society and the interactions that take place therein he came up with the theory of materialism in which he concluded that capitalism is the machinery that makes materials necessary for human liberation (Aronowitz, 2016). However, he went ahead to determine that there were many dynamics within capitalism which could not allow man to practice that freedom (Fuchs & Mosco, 2015). As he advocated for communism, he also established the idea of class, stating that class played an important role in capitalism because it is through it is the one that reveals the exploited and those who exploit (Felluga, 2018). This paper analyzes Ernest Mandel’s quotation regarding Karl Marx’s stand on capitalism which states that: ''Capital is thus,” from the Marxist point of view, “a social relation between men which appears as a relation between things or between men and things.''
Being that the high class individuals were the ones who owned the things that were needed for production, they tended to exploit those who did not have such things and had to depend on the former for employment and payment (Shanin, 2019). This means that there was a class that gained profit at the expense of another. This, he saw as an unfair state of events which denied equality to people in terms of resource distribution (Fuchs & Mosco, 2015). In fact, Marx declared that gaining profit and mass accumulation of wealth is wrong and man should not practice it (Aronowitz, 2016). He argued that as man sought to gain wealth, he got involved in conflicts with other men as well as things, which ended up in the development of class and class struggles.
When describing capital, the means by which man is able to create more commodities, Marx brings out a concept that reveals not just a mere object but rather a metaphysical object that is both physically and theologically significant (Van der Pijl, 2016). As long as man does not act on a commodity, it remains in its original state for as long as anyone can tell (Fuchs & Mosco, 2015). The same is the case even if the commodity is transformed into another object by a laborer (Shanin, 2019). In that case, the laborer and the material that he uses for a connection whose measurement can only be determined using the use-value of the commodity.
For example, when a carpenter extracts a tree from a forest, the tree remains in its original form as long as it remains to be wood. When the carpenter converts it into a tree, it still remains a tree although its value increases depending on its use. Also, a creation gets established between the carpenter and the chair. However, the moment the chair becomes a commodity and gets sold, it loses its connection with the carpenter and assumes a new value which is measured using money, being that money is the universal mode of exchange which is globally accepted and recognized. At that juncture, the commodity is no longer measured by the value of the material that the carpenter used to make it nor with the energy and resources...