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Critique of Political Economy

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Marx said that capitalism were making their own grave diggers back in 1800, however now it is the opposite, the masses are keeping capitalism on life support.

Overworked, underpaid workers ostensibly liberated by the largest socialist revolution in history (China's) are driven to the brink of suicide to keep those in the west playing with their iPads.
Capitalism is a very large part of China's society today as it China is currently the worlds capital of production, the idea of "Means of Production" is very present, for example lots of the products from Apple are created in China by underpaid overworked factory workers working for a company that reaps millions, Apple are the Bourgeoisie in this scenario as they in power of a lot of workers and being a popular company in the western world.

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Marxism - is directly related to the societies since 1800. The industrial Revolution was the Mechanization of society. Karl Marx thought that capitalism was awful. 

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Marxism - is directly related to the societies since 1800. The industrial Revolution was the Mechanization of society. Karl Marx thought that capitalism was awful. 

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"Whoever owned the means of production, they would be powerful" - Karl Marx

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"Whoever owned the means of production, they would be powerful" - Karl Marx

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Factory Owners were in power and could get their way and were in control of a large workforce.
Also he said that Capitalism made lots of people very rich, but far many, very poor.

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Factory owners and the people who own the means to produce a product within a capitalism.

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Q6 STRETCH AND CHALLENGE -  How does this concept compare with direct effect models and moral panics?

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Q6 STRETCH AND CHALLENGE -  How does this concept compare with direct effect models and moral panics?

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Q5 How do Marxist theories apply to our study of censorship and moral panics?

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Q5 How do Marxist theories apply to our study of censorship and moral panics?

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The Marxist theories can relate to the study of censorship, due to the way in which companies like PEGI regulate video games and the BBFC regulate movies. These types of companies are overlooking the 'smaller' people, and telling them what they should and should not be viewing.

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Q4 What does Marxism say about capitalism?

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Q4 What does Marxism say about capitalism?

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Q3 Where is power located in Marxist readings of society?

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Q3 Where is power located in Marxist readings of society?

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Q2 What does Marxism say about the media?

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Q2 What does Marxism say about the media?

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Marxism says that the media is controlled by a few select people and are keeping people working for them to make them richer. this is done by influencing them through media outlets and social media.

The media are also able to influence the ideology's of the average person and controlling what they do/watch. Censorship companies are able to give products age ratings to prevent people from watching things at certain ages.

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Q1 What is Marxism? What are its core ideas?

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Q1 What is Marxism? What are its core ideas?

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The political and economic theories of Karl Marx and Friedrich Engels, later developed by their followers to form the basis of communism.

It is a method of socioeconomic analysis that analyses class relations and societal conflict using a materialist interpretation of historical development and a dialectical view of social transformation.