Wednesday, January 28, 2015

My thoughts on capitalism are that if you are “working” for something then you should be able to keep it and not trade it or have to trade it with someone else in a higher class than you are in. You should not have to give or trade it to someone else because they are considered higher up than you are. Even if you are considered to be in the lower class you should be allowed to keep what you have maintained and not give it to someone else. The people that are higher up than you can go and “work” for it themselves. Some people now a days take too much of an advantage of the people in the lower class. The lower the class you are in the higher the classes will take more advantages of you and the others in that class. The Industrial Revolution was part of this in the early 1770s. Without the invention of machines there would have been more jobs for people to work at. Because of the invention people had to find other jobs that they could work at that did not involve machines taking over there spot at that job. Because of the machines people were not paid as much because they had these machines to do their jobs for them so they would get paid less. People that where in the higher class had more control of what would be printed in the newspapers, because they had part ownership, so they did not need to have some of their personal stuff put in there. Because wages fell people could not afford things they needed for their families and themselves. The social impact of capitalism is when workers were forced to have a set maximum wage. Everyone that worked in the same place would pretty much have the same set wages then. 

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