Topic > Marx vs. Reich - 1259

The rapid development of the global economy with the opening of new markets around the world has triggered the development of new means of production and also the change of ideologies around the world. Beyond this, the division between different groups or classes within societies became more evident as some people became richer and others poorer. These two phenomena, the global development of industries and the resulting class struggles, were analyzed by two great thinkers of their time, Karl Marx and Robert Reich. Their essays were influential and are similar in that they analyze the existing conditions of societies and provide projections about the future fate of people or, more specifically, the fate of classes. In this article the focus will be on the fate of the richest people; these are the bourgeois for Marx and the symbolic analysts for Reich. More specifically, it will be argued that the rich will be in the worst position according to Marx and this position will cover two aspects: the material aspect, i.e. how well the rich will ultimately manage their properties, and the inherent antagonism between classes and its consequences for the rich. The conditions described and analyzed by both thinkers are very similar and focus on the rapid development of global trade and global economic cooperation. Marx mentions at the beginning of his “Communist Manifesto” that “the discovery of America, the rounding of the Cape, opened new terrain for the rising bourgeoisie” (paragraph 13). In other words, the expansion of the world market with the discovery of resource-rich lands and new types of products has allowed the rich to expand their operational reach and move into new markets to make greater profits.... .. middle of the paper ......to conclude, the worst fate awaits the rich in Marx's “communist manifesto”, and is explained by 2 factors: poor management of the given resources and negative result in the class struggle between the poor and the rich . Reich, in contrast, argues that wealthier people, these are the symbolic analysts, will prosper due to greater demand for their better services and technologies. Both authors see the capital factor in different lights and predict that the rich will either succeed with its help, or lose due to its mismanagement. Meanwhile Reich does not mention any tension between the different classes. Marx sees the ruin of the rich in their defeat by the proletariat. However, considering that Reich describes modern times and having witnessed the fall of the USSR, a model Marxist regime, we should lean more towards Reich's predictions about the fate of the rich??