ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC SYSTEMS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Karl Marx and Friedrich Engels encouraged workers to improve their lives by
A
electing union representatives
B
participating in local government
C
overthrowing the capitalist system
D
demanding pensions and disability insurance
Explanation: 

Detailed explanation-1: -Marx and Engels maintained that the poverty, disease, and early death that afflicted the proletariat (the industrial working class) were endemic to capitalism: they were systemic and structural problems that could be resolved only by replacing capitalism with communism.

Detailed explanation-2: -Marx said that capitalists had alienated the worker from the results of his labor, forcing him to become “enslaved by the machine.” This exploitation, argued Marx, would soon bring about a new class struggle that would end with the “violent overthrow” of the bourgeoisie by the proletariat.

Detailed explanation-3: -In 1848, Marx and fellow German thinker Friedrich Engels published “The Communist Manifesto, ” which introduced their concept of socialism as a natural result of the conflicts inherent in the capitalist system.

Detailed explanation-4: -Marx believed that in a capitalist system, society would inevitably divide themselves into two classes – the business owners and the workers. The workers would produce the material goods and conduct all the labor, while the owners would reap all the financial and social benefits.

There is 1 question to complete.