Compare and contrast marx and weber's theory of mondern domination Essay

Compare and contrast marx and weber's theory of mondern domination - Essay Example Marx argued that this is main feature of capitalism. Markets existed in Europe before the advent of capitalism where commodities were bought and sold. Capitalism developed as peasants became free to sell their labor power. They no longer possessed their own land. In return they received money which allows them to survive. He termed the peasants who sold their labor as â€Å"proletarians†. Marx stated that the struggle between capitalists and workers determines the wages in which victory is for the capitalists. The capitalists are more united and can live longer as compared with the workers (Tucker, 48). The wage rate determined by the capitalist is very low for the worker because it is at the subsistence level. It allows the worker to survive and support his family only. Capitalism also leads to production of men as commodities. The worker is treated like a commodity under the capitalist system. An excess supply of workers leads many to become beggars or starve. The life of th e worker is dependant on the whims and desires of the rich and capitalists. Any fluctuations in the market price make the worker lose everything. The capitalist can direct capital into another channel which forces the workers to submit to every demand of the capitalist (Tucker 52). Karl Marx stated the worker does not gain anything beneficial when the capitalist does, but he always loses when the latter loses. Marx explained that workers are eventually the losers because of the monopolies and trade secrets of the capitalist. The prices of labor are constant as compared with the prices of other commodities. The wages of the labor are different when compared with the profits of the capitalists. Marx believed that individual activity should be rewarded but capitalism denies that reward and is indifferent to individual activity. Generally Karl observed that workers have to