Why did Karl Marx believe that capitalism would fall?

Answer 1

Karl Marx believed that the collapse of capitalism was inevitable because it had within itself the flaws that would destroy itself. The basic flaw was that the type of capitalism that modern industrialization created cause two separate social classes to form. These were the bourgeoisie, who were the owners and controllers of the means of production, and the proletariat, who were the common workers. These classes were naturally at odds with one another and as capitalism grew, it would create more and more common laborers until they would so outnumber the bourgeoisie and be so tired of oppression that it would revolt against the bourgeoisie and overthrow it as the dominant class. Marx felt this would happen no matter what was done to stop it.

Capitalism has not destroyed itself, not entirely and not yet, though many economists, even conservative economists, are beginning to opine that the redistribution of wealth from the many to the wealthiest few is behind the current global economic crisis, as a consumer-driven economy ceases to function when money no longer circulates. This leads to the loss of jobs, the erosion of the middle class, and greater unemployment, to name a few outcomes. The current Occupy Wall Street movement and its counterparts in more than 80 countries and more than 200 cities worldwide on October 15, 2011, are symptomatic of capitalism consuming itself, like an ouroboros consuming its own tail.

The European Union faces severe economic difficulties, Greece faces the very real possibility of defaulting on its debts, and the eurozone and the euro itself may become casualties.

However, back in 1921, Vladimir Lenin resorted to capitalism to help save the dying Soviet economy by instituting the New Economic Policy, suggesting that his version of a communist economic model was not functioning sufficiently well to survive on its own. Today, most of the world's economies are hybrids of capitalist and socialist economies.

Marx's "proletariat" may be said to never have come about because capitalists were astute enough to preserve their positions by improving some conditions of the workers (like fewer hours, higher pay, unions etc) so that they never became the politically aware "proletariat" he thought capitalism would create. However, the OWS marches and their counterparts worldwide suggest that the sleeping giant of the proletariat may, indeed, be awakening.

Answer 2

Karl Marx believed that capitalism would fall because he perceived it as a system that inherently created inequality and exploitation of the working class. He argued that the contradictions within capitalism, such as the accumulation of wealth in the hands of the few and the alienation of labor, would eventually lead to a revolution by the proletariat to overthrow the capitalist system.

Answer 3

Marx's main claim was that capitalism would eventually fall due to its own internal contradictions and faults, to be replaced by a socialist utopia. In the related links box below, I posted a good site on the subject.

Answer 4

That a revolutionary working class would combine top bring down capitalism and replace it with a classless society.

Answer 5

No. he believed capitalism would only be ended by class-conscious workears whole were determined to abolish the wages system.

Answer 6

Marx believed that increasing instability would occur until the system collapsed.

Answer 7

yes