• A Marxian Critique Of Capitalism: A Contemporary Approach

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    • 1.2STATEMENT OF THE PROBLEM
      Although we cannot but subscribe to the Marxist condemnation of exploitation of man by man, nevertheless, we cannot go along with his commitment to Machiavellianism. For we do not believe that any means employed to bring about a good end is morally justified. We hold on the contrary that the end does not and cannot justify the means.
      Consequently, it is an evil in itself to employ a bad means to bring about a good end. We can therefore not go along with Marxism in encouraging class conflicts, class antagonism and violent revolutions. Nor do we subscribe to the Heraclitan-Hegelian-Marxist dogma that social change and progress can only come about through violent conflicts and bloody revolutions. Nobody wins a war these days; in the long run both sides are the losers. Worst of all, it is generally the poor and the innocent who are sacrificed as victims to the “gods of revolution”. This itself is evil, and an evil means should not be used to bring about a good end.
      Moreover, although Marx’s intention was to safeguard the welfare of the people, but by calling for a violent revolution, the welfare of the people which he was trying to safeguard will no longer be safe. This is because the violence that goes along with a revolution is a threat to security of lives and property.
      Furthermore, Marx seems not to be concerned with the method but with the ends of the struggle. This is prone to error because goals achieved by proper means are always more lasting and are of permanent duration than those achieved by improper means. Therefore, for a lasting peace and stability, it is not the end that matters but what matters is the method by which these ends are actually achieved.
      To push it further, Marxian theory of state is not so sound as prima facie it may appear. His emphasis on armed revolution is rather too much and cannot be justified especially today when nations are thinking more in terms of peaceful co-operation rather than war. Who can deny that violence brings with it hatred and destruction of lives (especially the innocent ones) and property and counter-revolutionary forces will breed more destruction and instability in the society. Settlement of disputes by violent revolution is bound to retard political and social progress. It is therefore beyond all reasonable doubts that the changes brought about by an armed and violent revolution is less durable than the changes brought about by peaceful means and method on the one hand, and persuation on the other hand. As I put it, “persistent, unflinching and patient persuation can break even the strongest resistance”.
      Going further, Marx’s method of over-throwing one economic system and its replacement with another is dangerous to the extent that it has never paved way for enduring stability. Instability which this revolution will bring with it, shall always remain alive in the minds of the capitalists who in turn are bound to over-throw the workers regime at the first available opportunity. This will be never-ending struggle which is unwanted both for nation’s economic progress, cultural advancement and political stability. This is not to say that an oppressive economic system should not be confronted and replaced but the confrontation should not be that drastic to the extent that stability would be elusive.
      Also, Marx believes that the only way to bring about a change is through bloody revolution. But he forgets that there are peaceful methods also for bringing about changes. Gandhiji brought change in Indian political and social life without any bloody or violent revolution in the Marxian sense of the term but by non-violent means and method.
      Arguing further, Marx has not realized that on the collapse of state many other factors and classes might emerge. It should be noted that break-down of capitalism might result not in communism but in anarchy from which there might emerge some dictatorship unrelated in principle to communism.
      Finally, it should be noted that the baby should not be thrown away alongside with the bath water. But Marx fell prey into this problem. While pressing for the elimination of capitalism and the inauguration of communism through socialism, Marx inevitably threw away hardwork which leads to invention and innovation, which in turn encourages faster economic and societal development and progress. It is a known fact that capitalism which leads to faster economic growth and societal development is as a result of hardwork. Therefore, while pressing for the elimination of the capitalist system, Marx was inevitably eliminating progress and development from the society.
      Having presented the statement of problem, I shall now proceed to the purpose of study.

  • CHAPTER ONE -- [Total Page(s) 4]

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    • ABSRACT - [ Total Page(s): 1 ]This project is intended to expose the nature as capitalism as well as its merits and demerits. An exposure of the Marxian critique of the capitalist system and how marx pressed for the replacement of the system with the inauguration of communism through socialism shall then be explicated. It should be noted that according to marx, the only was to attain this goal is through a mass revolt bloody revolution. Hence a critical evaluation of the Marxian critique of the capitalist system as well as h ... Continue reading---