Competition between capitalists


Assignment:

Question 1. Describe Karl Marx's argument about how under capitalism, the necessary competition between capitalists leads to exploitation of the workers and to antagonism between workers and their machines. In recent decades, The US has largely abandoned manufacturing, and has developed an economy driven by high tech development, and professional services. Does Marx's argument about antagonism between workers and their ‘tools' still apply today?

Write your answer in 3000 to 3500 words.

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Business Management: Competition between capitalists
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