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jeka57 [31]
3 years ago
12

According to Marx’s theory of immiseration, what does capitalism eventually lead to?

History
1 answer:
Fantom [35]3 years ago
5 0
When businesses compete everything is great. Eventually one of the businesses in a field gets bigger. And bigger. And bigger. It buys out it's competitors. It monopolizes it's niche filed, sometimes even spreading to others.<span>Since money will no longer be used, people will have access to all of the resources they need, and there will no longer be a state to protect the capitalist's private property, I find it extremely unlikely that a worker would want to exchange his labor for a wage. The way I see it, it would be like playing pretend. The situation would be similar to if a group of people in the United States declared their friend Tim the king of Arkansas.</span>
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The Transformation of the World

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Most of the Earth’s oil and gas formed over a hundred million years ago from tiny animal skeletons and plant matter that fell to the bottom of seas or were buried in sediment. This organic matter was compacted by the weight of water and soil. Coal, oil, and gas, despite their relative abundance, are not evenly distributed on Earth; some places have much more than others, due to geographic factors and the diverse ecosystems that existed long ago.

Early Steam Engines

The story of the Industrial Revolution begins on the small island of Great Britain. By the early 18th century, people there had used up most of their trees for building houses and ships and for cooking and heating. In their search for something else to burn, they turned to the hunks of black stone (coal) that they found near the surface of the earth. Soon they were digging deeper to mine it. Their coal mines filled with water that needed to be removed; horses pulling up bucketfuls proved slow going.

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