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Marxisum: A comparison between theory and the growing presence of an diversified educated labor market.
Marx's theory suggests that capitalism is a product of historical and material production that is organized around material survival. The capitalist system focuses primarily on the building of capital and profit, competition, and the function of private property. In turn, this system creates "the worker, whose sole source of livelihood is the sale of his labor power," and "the class of purchasers" or capitalist class (Marx 1978, 205). Also, by valuing capital the system augments competition among workers, forcing them to survive with minimal wages. The worker is forced to "sell [their l…
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