Title: Marx’s “Increasing Misery” Doctrine

Essay Details

Subject: Business
Author: Kendra D
Date: July 29, 2012
Grade: A
Length: 6 / 1679
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

Contrary to the belief that capitalism is the final solution and the infinite last stage of economic and social evolution, through the experience of working men or women, we are reminded often that the system isn’t all that perfect. The article published in 1960 by Thomas Sowell, titled Marx’s “Increasing Misery” Doctrine, although far from being considered a recent piece, reminds us through a series of reinstatements of Marx’s work, that his analysis into the effects of capitalistic progression in relations to the well being of the working people cannot go unheard because of the negative implications of relative misery...

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The enrichment and satisfaction we seek through the “natural urge” to work isn’t being fulfilled by the type of work we do anymore. The author associates the work of Marx with the works of Ricardo to further evidence the extreme yet valid views of Marx on capitalism and his theory of increasing misery...

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