What Relevance Does Marxist Theory Have In Contemporary Sociology?
You should reference two substantive areas in your answer? Introduction Karl Marxs theory is based on the notion of capitalism whereby those who control the means of production exploit the workers. Moreover he based his analysis of capitalism on his version of the labour theory of value and includes the analysis of capitalist profit as the extraction of surplus value from the exploited proletariat. Marx would argue that machinery was becoming imperative in the development of society in regards to the advancements in the technical labour force. Marxs analysis of history and economics came together in Marx’s prediction of the inevitable breakdown of capitalism; however this notion can be disputed. Modernity is term which describes the development of society which… JOIN OR LOGIN TO VIEW THE ENTIRE ESSAY. IT’S FREE!
