Karl Marx, German Economist And Revolutionary Socialist

According to Karl Marx, â€Å"From each according to his abilities, to each according to his needs. This statement envisions a more fair and equitable society and eventually generates a thriving economy. Karl Marx is German economist and revolutionary socialist who saw instability and struggles in the capitalist society and the drawbacks in relation to production and distribution. The three core elements of Marx are profit, labour and the alienation and domination towards women. He believed that capitalism would graduate stagnate due to its chaotic nature and internal contradictions. Desire for profit erodes the equal distribution of wealth and neglects the pay disparity between males and females, which is prevalent in the Australian society.†¦show more content†¦In the political manuscript, â€Å"The Communist Manifesto† (1848), the ideas of no discrimination and equality between genders were emulated and a central part of Marx’s theory, â€Å"He has not eve n a suspicion that the real point aimed at [by communists] is to do away with the status of women as mere instruments of production.†(Marx, 1848). Overall, Marx addresses the differences in treatment of genders such as different pay, by criticising the economic and social disadvantages experiences by women during that period. Marx created a theory of â€Å"alienation† relating to the nature of human being, incorporating ideas of freedom, creativity and self- expression. He believed that the existing social relations of power assigned on the basis of gender such as marriage have created a situation of alienation and oppression for women. The capitalist economy have also alienated labour in that it lowers self- worth. Marx states that as â€Å"production moves to more modern and specialised techniques, the labour, that is the person, becomes more alienation from their work† (Nyu.edu, 2015). He believes labour is important for individualism and sense of self. In olden times, people felt satisfied for completed the work they created such as a chair or table. Marx theorised was that â€Å"people projected themselves onto their work and hence their work became an externalized projection of themselves â€Å"(Nyu.edu, 2015). This ultimately