ENGLISH LITERATURE (CBSE/UGC NET)

Detailed explanation-1: -Money is the ultimate manifestation of private property, “the object of eminent possession.” Because it can buy everything, it becomes the “omnipotent” being in capitalist society. It mediates all of human life and therefore shapes us fundamentally.

Detailed explanation-2: -The authors claim that the bourgeoisie as a class gained the reigns of political power by keeping the means of production for themselves and thus becoming the sole possessor of wealth.

Detailed explanation-3: -history of Europe: The bourgeoisie. In Marxist theory, the bourgeoisie plays a heroic role by revolutionizing industry and modernizing society. However, it also seeks to monopolize the benefits of this modernization by exploiting the propertyless proletariat and thereby creating revolutionary tensions.

Detailed explanation-4: -The proletariat are people who earn a wage for a living, especially people who are dependent on manual, daily, or casual labor. The bourgeoisie are those who make their living through property or through ownership of the means of production.