Marxism theories

Marxism Theories Student’s Name Institutional Affiliation Course Professor Date Marxism Theories Yes, Marxist concepts, such as exploitation, class struggle, and labor and capital, might help explain and inform developments about employees working in different companies, including Amazon, Walmart/Sam’s Club, among others. He offers a lens through which individuals might utilize to examine the dynamics of capitalist accumulation and the necessity for social reproduction. Exploitation of Labor The Marxist model proposes that capitalism integrally exploits employees’ labor for capitalists’ profit. He argues that the eventual cause of profit, the driving force behind capitalism, is the unpaid labor of employees (Blackledge, 2020). Therefore, exploitation creates the basis of the capitalist system. Most companies make their workers produce value through labor but are paid lower than what they create, with the high value going to the capitalist class. For instance, Amazon workers have been reported to fight for unions; their goal is to unionize with RWDSU, which they believe will help them solve the low $2 an-hour issue (Jaffe, 2021). Such concerns about low wages through exploitation by employers relate to Marxist theory. Based on Marx, exploitation formulates the basis for all kinds of profits shared among the capitalist class. It is not that the rich have a lot, whereas employees have little. Capitalists collect wealth through organized bur...