Thursday, December 31, 2009

More Marx

Marx's belief that Capitalism would bifurcate into a two-tiered hierarchy of owners and workers proved to have not been the case. Marx tried to prove the scientific certainty of this proposition in his great work "Das Kapital" in 1867. But certainly by the 1920s Max Weber's brilliant works on the Capitalist economy made it clear that Capitalist competition had actually divided the economy into a myriad of classes and classificatrions that were far more complex than a simple owner/worker paradigm.

No comments: