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The Influence of the Communist Manifesto on the Creation of Industrial Capitalism

Assignment id 1005777
Discipline Self Improvement
Assignment type Essay
Words 1599
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The Communist Manifesto made a huge effect on a society which was quickly becoming industrialized, and its effects can even be seen on the dominating economic system of this twenty-first century. In the later nineteenth century, yet, industrial capitalism has been on the brink of ruin. "On many occasions during the last century, Marxists have considered that capitalism was down for the count... Yet it has ever come back with renewed strength." Industrial capitalism triumphed at the face of communism, despite many economic disasters. As the capitalist economists hopefully noted at the time, these economic wars, temporary in nature, shortly treated themselves and left citizenship unscathed. Karl Marx sought to create a definitive statement for the emerging Communist party, and also the objective of the Communist Manifesto was supposed to rid society of the bourgeoisie class. As capitalism continued to be practiced, however, many of the guiding economic principles which are practiced today can be traced into the ideology of the Communist Manifesto. Greatly influenced by the Communist Party, industrial capitalism proved a strong middle class, ignored nationality, and focused on the individual prosperity of workers. Industrial capitalism saw the rise of a powerful middle class that creates the huge majority of the inhabitants in capitalistic nations. "There are such defenders of people who claim that Marx was incorrect in saying that the maturation of capitalism was leading to a growing impoverishment of the working class and into the expropriation of the middle course by the capitalists." While Marx was in fact incorrect in regards to the destruction of the middle class, he was correct about the eventual development of a course.

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