Karl Marx’s Theory of the Capitalist Economic System

Karl Marx was born in Trier, Germany in 1818. He was a Economist, Philosopher and a Sociologist. Marx attained his PhD in Philosophy from the University of Berlin in 1841. Among the various theories and concepts developed by Marx, his theory on the capitalist economic system along with the concept of the base and superstructure is what he widely recognized by. Although Marx was born in a fairly wealthy middle class family, Marx has always questioned the capitalist system that is being utilized. More recently with the emergence of media, the capitalist system has been able increase the gap between the poor and the wealthy. The documentary, Class Dismissed: How TV Frames the Working Class addresses the inequality of the capitalist system with the aid of Marx’s theory of capitalist, in addition to educating the audience of the dishonest techniques utilized by the media to conceal this inequality (2005,Alper). The film, Class Dismissed: How TV Frames the Working Class, by Loretta Alper illustrates how the media uses stereotypes in a humorous manner to gain viewers. The film is based on the 90’s sitcoms. As described by the film, many of the most memorable characters of these sitcoms are of the working class (2005). Furthermore it states that since we view television as a source of entertainment not education, we are easily being subconsciously manipulated. Most if not all the sitcoms presented, showed the working class as buffoons. From characters like Doug, from King ofShow MoreRelatedKarl Marx and Capitalism Essay880 Words   |  4 PagesKarl Marx, in the Capital, developed his critique of capitalism by analyzing its characteristics and its development throughout history. The critique contains Marx’s most developed economic analysis and philosophical insight. 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