The classes of capitalism

Policies, Society

The classes of capitalism

Capitalist society is divided into different classes, and the relationships between those classes shape the production of wealth, the dissemination of ideas and the nature of politics.

In 1848, Marx and Engels wrote that “society as a whole is more and more splitting up into two great hostile camps, into two great classes directly facing each other: bourgeoisie and proletariat”. By bourgeoisie they meant the capitalist class, those who made their living by owning capital, which means both factories and other equipment used in the production process, and the money used to invest in production. By proletariat they meant the modern working class—wage-earners who don’t own land or equipment, and who have to make money by selling their time to capitalists.

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