How can capitalism be explained through class analysis or through Karl Marxs perspective?
Karl Marx has been refuted a thousand times. It would be better to spend your time understanding how economics really works, than how it doesn’t. Basically Marx said that social development in history has come about through conflicts between different economic classes. In the primitive phase of society there was no surplus and no different classes. As society developed a surplus, there always arose a working class, whose labour produced all the wealth, and a ruling class, who lived at the expense of the workers. In modern capitalism, the capitalists were the exploiting class. The workers produced everything, but profit is an immoral quantity. It’s what the nasty capitalists skimmed off without contributing anything. Eventually the conditions of the workers would get worse and worse until they were at the level of starvation, with a tiny number of obscenely rich capitalists. At this stage the workers would understand that they are all members of one class, and would overthrow the system
