Marx's theory of alienation has to do with the separation of things that logically belong together. According to Marx, alienation is a universal result of capitalism. Marx's theory of alienation is based on the observation that, within the capitalist mode of production, workers constantly lose determination of their lives and destiny by being deprived of the right to consider themselves stewards of their own actions. Workers become autonomous, self-fulfilling people, but are guided and diverted towards established goals and activities by those in power. Alienation in capitalist societies occurs because the worker can express this fundamental social aspect of individuality only through a production system that is not communally owned, but privately owned (Marx, 2007). When you apply Marx's theory of alienation to the current issue of income inequality in In the Global World you can see how it is possible that capitalism has led to the current problems. Although not a new phenomenon, globalization is on the rise and, with it, the concentration of power among a few multinationals. In the early 1990s, the world market share of the five largest companies in each industry amounted to nearly 70% for consumer durables and 50% for the automotive, airline, aerospace, electrical, electronics and steel industry. During this period, world economic output traded between countries increased from about 9% in 1965 to 19% in 1992. However, 70% of world trade is controlled by about five hundred companies. One of the main concerns when addressing globalization in general is the pressure that this phenomenon places on nations to change their social customs, norms and values (Liard-Muriente, 2005). ...to the relationship. It is this imbalance between power and wealth that creates the alienation that exists in this business relationship. One of the fundamental foundations of Marx's theory of his was that there is an alienation of the worker from the work he produces, from the product of his labor as much as possible. the power gap that exists. In business, the more alienated an employee feels from those in charge, the less he or she cares about the product he or she produces. If workers are alienated from those in charge, the jobs they produce on a daily basis will fall short of their capabilities. Employees need to feel they have a vested interest in the company they work for so they can take pride in the work they produce, and one way to do this is to reduce the gap that exists between the haves and the have-nots. I do not have.
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