1. Capitalism is an economic system where private owners possessed the means of production such as the basic necessities for survival. When production shifted to factory work, technologies were used in the manufacture of products and the machines increased the output and speed of productions. This required less skills for the workers which encouraged the owners to keep their wages low and allowed the owners to keep majority of the money to stay at the top of the system
2. Karl Marx is a German sociologist and economist who was oppressed by the capitalist economic system and that a few would benefit from its system. In Karl Marx's theory, he identified a 3-class system within capitalism: The Bourgeoisie, Petite Bourgeoisie, and the Working Class.
3. The Bourgeoisie, or the Upper Class, are the business men and capitalists at the top of the system that own the private companies and means of productions. They maintain their wealth by paying their workers very low wages for their labour. The photo above displays a man in this class, in a fancy home because he has enough money to own it.
4. The Petite Bourgeoisie, or the Middle Class, are the professionals that are highly educated such as doctors or engineers. Although they were not as wealthy as the Capitalist, they are able to receive education and afford the basic necessities for survival. The Petite Bourgeoisie helped maintain the system by Ideology. The image above shows a family in a home with a TV because they are making enough money to sustain a comfortable lifestyle.
What should we watch?
5. Ideology is a belief system produced by the Petite Bourgeoisie and is what helps maintain the class system. They believe that the capitalist economic system is fair; therefore if an individual works hard, it will be paid off and effort is what it takes to move up the economic system. Their ideology is that an individual's low income is caused by themselves rather than due to the economic system. This photo shows a Middle Class man working hard at an office in order to gain money.
If poor people weren't as lazy as they are, then they wouldn't be poor.
6. The bottom class is the proletariats, or the working class, who often worked under the Bourgeoisie. When machines began to contribute to production of merchandise, workers were required to repeat 1 task that require very minimal skills. The inadequacy of skills these workers allowed the capitalists to keep their wages below minimum. Due to the small income, the working class often had not enough money to have good shelter and enough food for the entire family to live comfortably.